⚡Silver Stackers⚡
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Silver and gold continue to push higher in what seems to be a planned revaluation.
In less than 2 months gold is +20% and Silver is +25%
@SilverStackerSS normally doesn't post constant price moves; but this type of price action is concerning.
WNs all want the banks to fail and usurpers in positions of power to be permanently removed... but it needs to be due to long lines outside of coin shops and people burning fiat currency to heat their homes, not this relatively unnoticed revaluation of metals that normies don't even know about.
Provident/JM has a random year 10oz Kookaburra that somebody sold back to them.
@SilverStackerSS
US 30-year mortgages are back above 7% as federal reserve enjoyers are on suicide watch (they were expecting rate cuts because small hats on TV said so).
The 1960's and 70's saw a similar trend of rising interest rates, rising inflation, and rising metals prices.
One key difference this time is the record breaking yield curve inversion; which is probably forecasting another world war, great depression, black swan event, or all of the above at once.
@SilverStackerSS
The DXY spiked 1% today in morning trading hours, causing metals to pull back slightly.
Moves in the DXY usually have a much larger impact on metals; but gold is still holding above $2,300 and Silver is holding near $28, due mainly to strong and steady upward momentum in Silver and gold over the past month and a half.
@SilverStackerSS
Silver and gold continue to build on top of strong upward momentum during the past month and a half.
Gold is still searching around for some sort of resistance level, and Silver is fast approaching a critical $30 resistance level; which if broken to the upside, the path to $50 Silver will be wide open.
@SilverStackerSS
+1
The gold chart adjusted for inflation (the real inflation, provided by John Williams of ShadowStats) looks suspiciously similar to the long-term debt chart, with both of them peaking last time in 1980/81.
This debt cycle favors metals as rates rise because bonds are consistently losing value and investors look for safety in physical assets; and then metals languish as rates fall because investors all flock back into bonds.
If this trend holds true, and the 60-year time span peak to peak is a thing, then this next bull-run in Silver and gold should last until about 2040.
*tldr, you're not late to the party, it's just getting started, keep Stacking.
@SilverStackerSS
Silver and gold finished the week with renewed upward momentum after taking a short break on Thursday + Friday morning.
This renewed momentum provides more confirmation of the breakout in money metals.
@SilverStackerSS
Silver is breaking out of a 44-year long "cup and handle" formation.
This classic cup formation spans 31 years, from 1980-2011.
The handle spans 13 years, and is in the shape of a bull flag / descending triangle.
Silver would need to have remained down around $22/ozt to prevent the breakout (just above the average cost of production); making this breakout not only inevitable but imminent as well.
The rest of this decade will bring a flood of attention and investment into Silver as prices shoot higher.
@SilverStackerSS
Eric's "wife" Laura looks like a guy in a dress with a wig and prosthetic stomach.
+1
Laura Trump looks like a troon.
✔️ long ring fingers
✔️ wide shoulders
✔️ narrow hips
❌ looks feminine
