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S W
Member since May 2012
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SILVER OUTBREAK: Investment Demand Will Totally Overwhelm The Market - Steve St Angelo - SRSRocco Report

Just had a look at a weekly chart of Silver.
Since May 2011 there has been 12 occasions that silver has looked to break out only to produce a LOWER high.

I grant that it looks like a breakout may occur but now is no time to buy until that possible breakout is confirmed. (weekly close above 16.40)

The author's analysis may be correct but it seems like Iv'e heard it all before from others and further, a waste of time doing all that analysis in the first place.

Will demand overwhelm the market? Possibly.
Best to wait and see. And there will be no problem securing silver for retail investors where I live thats for sure.

Commented 3167 days ago

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