Silver could be on the cusp of breaking resistance at $62, but we need to get over $107.50 to suggest new highs. The TGD over 1,000 looks better and over $1,050 suggests new highs ahead.
I maintain my belief that not only will a longer-term resolution to the war be more difficult to attain, but also that even if the war ended tomorrow, there’s still economic damage that’s been done, that I don’t feel has been priced in yet.
Why silver may remain range-bound in the near term despite a strongly bullish long-term outlook, key levels to watch, and how investors can avoid being caught on the wrong side of the next move.
The good news is that despite the sharp drop, gold, silver, and the gold stocks remain in bull markets. We’ve seen this picture before, particularly during the 2008–2011 bull market...
