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samking73
Member since February 2013
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Silver Has Broken Down

- Dan Dontrose - The Fundamental View

Often thought of that same question myself. What happens when the price goes up and we all jump out at once? Though I would like to hold on to my silver until maybe Im ready to retire (haha!). Hopefiully the base value will continue to go up over time and I can use it as somewhat of a hedge.

Commented 4033 days ago

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Beginning of the headline :I’ve written recently about the important levels to watch for in silver and went so far as to state that a “breakout” day was close. It appears as though today is that breakout day but unfortunately for longs it looks like the breakout was to the downside. This could imply that prices are now going to trend downwards to test the old support or, as is often the case with silver, we may see a whipsaw move to reverse. Bottom line, confirmation on the move is needed. As I warned in another of my... Read More

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