Good morning my Steemian friends.
First lets look at the three charts compliments of KWN.COM.
Silver bottomed (see charts) at 1.25 /oz. and by 1980 touched 50.00. Silver by 1974 was over 5.00/oz.
Yes, they are charts, just charts. But in this world today I personally have never seen such compelling reasons for serious silver accumulation. The time is right now, knowing we still could bottom a bit lower but very soon.
I personally bought silver (junk silver) at 8.00 in about 2003. I bought gold first at 400.00/oz. the same time! Have I made big mistakes? I never sold an oz.! So I've paid some dues. But I think I've learned a few things. Regardless what happens in the nearer term silver is going dramatically higher. JP MORGAN is banking on it.
BITCOIN: with sentiment this A.M. STILL 80-20 (bulls/bears) it will not punch through heavy resistance over 6800. We have reiterated almost daily. BUT we do have a slight improvement over last week, but too slight! Just HOLD! We'll keep you posted.
The DOW-JONES: Sure we'll have a bounce here. WE see "nothing to write home about"! If you sold in January, congrats. Sentiment here shows we could struggle higher. Heck you might get sucked in at almost new highs! Real money is to be made going forward in commodities, mainly the metals. The FED is out of ammo. You have seen nothing on the inflation front you are going to see. Don't buy the lies thrown at you.
Autumn should be very, very interesting. I welcome your opinions!
Thank you and your upvote is appreciated.