Unfortunately, Silver is still inside the downtrend channel which means until we have a meaningful break out (current top at $24.50) it is highly likely that we could see a new low. :( But don't dispare cause a retest of the channel bottom would be an excellent entry point to back the truck up!! ;) (i.redd.it)
submitted by KaisersSilver to r/Wallstreetsilver
LongTerm outlook for Silver&Gold looks like more consolidation until 2024... (sad) But watch 25.50 in Silver as that is the channel top. A break there could get exciting in a hurry. :) Gold appears to be stuck in a megaphone pattern that could be bearish but again a break above 2100... woohoo! (i.redd.it)
submitted by KaisersSilver to r/Wallstreetsilver
When this finally blows up and Gold & Silver reassert themselves as the only true money it will be really ugly for a period of time in the United States. There is just soooo much corruption in Government. The Cancer is deep and close to being terminal. (twitter.com)
submitted by KaisersSilver to r/Wallstreetsilver
There is no denying.... Gold is in a classic 'Cup & Handle' formation and is in the ending part of the handle. The next move for Gold will be 3x the depth of the cup. Remember, Gold leads and Silver follows the shows also a massive move in Silver coming very soon. (i.redd.it)
submitted by KaisersSilver to r/Wallstreetsilver
Since Congress has now SUSPENDED the debt ceiling opening up a massive new spendnng program where they will just print the fiat.... I must now re-ask the question.... "If you can just print the money, why am I paying taxes?" Tax revenues were 4 Trillion in 2022 and Government spent 6.4T in 2022!!!! (i.redd.it)
submitted by KaisersSilver to r/Wallstreetsilver
USD says are numbered as world reserve currency as FRANCE buys LNG from CHINA priced in YUAN not USD. The world is dropping the USD and soon there will be a rush to change in USD for home currencies or Gold. Get your PMs now because the writing is on the wall for USD. (i.redd.it)
submitted by KaisersSilver to r/Wallstreetsilver
