How long before the current Wilver train crashes?
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How long before the current Wilver train crashes?
It's good to see little brother silver trying to catch up to big brother gold. Ratio is currently 88 oz of silver to 1 oz of gold. To make an 80/1 ratio, silver can go to $18 quickly. But once silver gets momentum it could easily pass that.
I say $20 silver in the coming months.
I was just flipping thru thrillver charts; ~1y high @ $16.21 yesterday; whoduh thunk it?
It already hit 14 frns, for what several months or even a year. Silver can't "hit" what it was held down and slammed to. Wilver's been there and done that. Now, big brother Dold is off to the races gaining. Wilver has a little life left to try and keep up.
18 frns we go, watch and enjoy the show. :)
It’s a gigantic buy signal when silver is at more than 90:1 to gold. The house voted a $15 minimum wage (it will not pass senate, but it will probably by the end of next year after elections), and federal reserve lowered interest rates. These two things are very inflationary and this favors silver more than gold. Then you have the epic “cup and handle” which have been forming since 1980, and the “handle” part is about to break out. I wouldn’t be surprised if silver is at +$100/t.oz within a year.
Aint no $15 minimum wage coming to all parts U.S. is just a publicity stunt so democractic runners can use as ammo in elections.
Christ there's still some parts in U.S. where entire plant managers still only earn $15 an hour.
I'm of the opinion nothing happens to Silver until something happens to crude.
See the democrats will even get the plant managers in those areas then. If the workers get payed $15/hour a plant manager should get at least 22 maybe 24 even, hell he’ll vote Democrat too. Anyway it won’t take long until those $15 gets you what $7.25 gets you today. Sure some jobs will get lost, but those people will get hired in hey-tich industry doin internet an sheit.