Personal Finance Articles

Silver Breakout Imminent OR We Turn-Off the Lights

by | Personal Finance

Gold Has Played its Hand.
Now, its Little Sister Must Join

We stand at what could be the precipice of an incredible bull market in commodities, and we’ve already seen a number of agricultural commodities, energy, and base metals take off along with gold, but for this bull market to be succinct and real in all forms, it MUST expand to include silver, and we just received a very encouraging sign.

Last week, silver broke out to a two-year high, and the chart suggests the potential upside is $5/oz, which will take us over $30/ounce, a welcomed surge.

Courtesy: Zerohedge.com

93% Of Investors Generate Annual Returns, Which Barely Beat Inflation.

Wealth Education and Investment Principles Are Hidden From Public Database On Purpose!

Build The Knowledge Base To Set Yourself Up For A Wealthy Retirement and Leverage The Relationships We Are Forming With Proven Small-Cap Management Teams To Hit Grand-Slams!

    If you measure the size of the range, you can see the support is set at $21.50 and the resistance is $26.50, which gives us a $5.00 range. This implies the length of the breakout could take us to $31.50 by the end of 2024.

    What is making the surge higher in silver likely?

    I want to look at oil first, which is silver’s greatest friend and most correlated asset class. When oil climbs, silver historically does as well.

    Just a few days ago, the headless chicken currently in charge of demolishing Russia, Vladimir Putin, who will surely go down in history as the most childish and predictable failed emperor of the 21st century, saw how his country’s nonexistent air defenses have allowed cheap, non-military-grade drones and single-engine airplanes to crash into his oil refineries, and I think this will inspire many more attacks of this kind.

    We should start seeing Russia have issues shipping crude oil since attacks on its infrastructure will become a daily occurrence not just by Ukrainians but by other oppressed minorities that despise the KGB mobster in charge of the country they don’t want to belong to.

    By the summer, oil’s price could be north of $100/barrel, but I don’t think it’s in the best interest of the other OPEC nations to increase output, so we’ll see two things happen:

    1. Clear inflationary pressures.
    2. Even more desperation from Moscow, whose strategy has so epically failed that they are now FULL-BLOWN SLAVES to the demands of Iran.

    Who in their right mind would have predicted that Iran would turn Russia’s army in Syria into their proxy? What humiliation!

    Rising inflation puts the Federal Reserve in an extremely weird situation, and it actually makes their entire assessment of reality look amateur after they’ve used every platform and each appearance they’ve made since November 2023 to declare that they’ve conquered it.

    They’ve even said they will stop hiking it, but if inflation resurfaces and they choose to let it run hot, the market will be confused.

    Rising interest rates on Treasuries, shrinking corporate profits, and higher commodity prices while the U.S. economy is booming and the rest of the world falters is as ideal for silver as it gets.

    It’s time for silver. I’ve been right like a Swiss clock so far, and I expect to be right about SILVER as well.

    Best Regards,

    Lior Gantz
    President, WealthResearchGroup.com

    Governments Have Amassed ungodly Debt Piles and Have Promised Retirees Unreasonable Amounts of Entitlements, Not In Line with Income Tax Collections. The House of Cards Is Set To Be Worse than 2008! Rising Interest Rates Can Topple The Fiat Monetary Structure, Leaving Investors with Less Than Half of Their Equity Intact!

    Protect Yourself Now, By Building A Fully-Hedged Financial Fortress!

      Disclosure/Disclaimer:
      We are not brokers, investment or financial advisers, and you should not rely on the information herein as investment advice. We are a marketing company. If you are seeking personal investment advice, please contact a qualified and registered broker, investment adviser or financial adviser. You should not make any investment decisions based on our communications. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT recommendations. The securities issued by the companies we profile should be considered high risk and, if you do invest, you may lose your entire investment. Please do your own research before investing, including reading the companies’ SEC filings, press releases, and risk disclosures. Information contained in this profile was provided by the company, extracted from SEC filings, company websites, and other publicly available sources. We believe the sources and information are accurate and reliable but we cannot guarantee it.

      Please read our full disclaimer at WealthResearchGroup.com/disclaimer

      Wealth Video Hub

      MOTHER OF ALL GOLD RALLIES COMING: Andy Schectman – MilesFranklin Bullion Dealership!

      ANDREW ZATLIN: Trump Is Mastermind Behind AMERICAN Recovery – CHINA IS GOING DOWN!

      3c TO 24c In 7 Months: THIS GOLD STOCK IS HOT! (CEO Dives Deep Into Catalysts)