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SRSRocco UPDATE: Silver Breaks Out Above $21, What’s Next For Investors?

2020-07-21T11:58:15-04:00July 21st, 2020|Uncategorised|

The long-awaiting day has finally arrived. After five long years, silver has finally reached its previous high of $21 set back in 2016. So, now that the silver price has reached and broken through the $21 level, what’s next for investors? Before I show the charts, let me clarify the difference in silver prices shown below and on Kitco.com. Kitco.com uses the London Metal Exchange (LME) silver price quotes that are approximately 30-40 cents less than the U.S. based Chicago Mercantile Exchange (CME Group) that Investing.com (below) and Stockcharts.com uses for silver price charts.

Simon Black: No surprise = silver is one of the best performing assets in world

2020-07-20T14:10:04-04:00July 20th, 2020|Uncategorised|

And the silver price just hit $19.70 per ounce as I write this– a gain of 68% in just four months. This means that silver has vastly outpaced the gains in the S&P 500 stock index, and it even outpaced the gains that gold has made since the start of the pandemic. I believe there’s a very strong case to be made that both gold and silver could continue to perform very well over the next few years.

SRSRocco: IMPORTANT KEY LEVEL = Silver Needs To Break Above This Price

2020-07-16T08:00:50-04:00July 16th, 2020|Uncategorised|

Silver closed today right on an important KEY LEVEL. For the silver price to continue higher, it needs to break above this level. The last time silver reached this same price was back in early September 2019. And, if silver continues in a positive direction in early Asian trading, we may see a more substantial move higher tomorrow.

Jeff Clark: What the Upcoming Wealth Transfer Could Look Like

2020-07-14T15:00:56-04:00July 14th, 2020|Uncategorised|

With gold up 20% year-to-date and silver breaking through the $19 barrier for the first time in almost a year, it’s time to consider what a gold and silver mania might look like. If Mike Maloney is right about what’s ahead, we’ll soon be part of a life-changing shift. Have you thought about how the wealth transfer might play out? Not like this you haven’t…

SRSRocco: Will Silver Reach $21 In The Current Rally?

2020-07-13T19:39:14-04:00July 13th, 2020|Uncategorised|

As I have mentioned in several articles, when a stock or commodity price BREAKS above a certain key technical level, it goes on professional traders’ radar. Thus, a BREAKOUT is a motivation for traders to jump aboard and ride the price higher to the next level… which is $21. On July 8th, silver closed at $19.16

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