SILVER - $15'000 year 2030?

白銀差價合約(美元/盎司) (TVC:SILVER)

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TVC:SILVER 白銀差價合約(美元/盎司)

beyondta

Found some patterns again. Consider this post primarily as entertainment...

US debt clock currently $737 / Ounze for silver. US debt seems to be doubled every 10 years. So that means that in 2030 it should be about $1500 / Ounze. Add some fractional reserve lending to that and that extra $700 becomes $7000. Add some worldwide financial enlightment to that, a broken derivative market, and a crushed bonds - and voilà, the silver price may just end up at $15'000 year 2030.

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Added an attraction point.

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Okay, let's have a target for December 2018.
$90 is a realistic target.

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Zoomed in: A big resistance at $22. After that it should move pretty much unstoppable towards $90.

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So the target for 2018 at $90 is positioned on the Fibonacci ring marked with a fat red line in the chart below.

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Now go and buy some physical silver (not investment advice). :)

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Update:

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Broke out it seems.

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Zoomed out. Red fat line is resistance.

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Silver is getting squeezed inbetween those two giant rings (looks like linear lines because of their "hugeness"). Here's a zoomed out and zoomed in view of the phenomenon. Don't ask me what it means, I have no clue. Maybe some pressure is accumulating inside that channel... Like a volcano getting ready to blow. At least in my dreams. But a very friendly silver volcano. Hmm...

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There's a tendency of Silver price to go to $21.5 level where it will meet some solid resistance. After that I'm thinking about the $90 level (let's say $100 instead). A sweet level that will make your mouth water, at least mine is. And then you just stay in and wait some years for $400 where I sell some (like a 1/3 or 1/2) and then I wait until 2030 where I sell the rest. That's the plan for now.

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AI trading bots just trade from the left had to the right hand zero sum game, whilst the true value is found using OccultMagnetism.

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Silver looks as if it's breaking out in brittich pounds chart:

Finacial expert 'maneco64' talks about this in his daily podcast:

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I remember it was spelled "Brittish" when I was small but because of quantum entaglement and retocausality it has now been changed to "British" with one "t". I believe that this retrocausality is the cause of the OccultMagnetism phenomenon also. It cannot be proven though.

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And what means the word "Retrocausality"?

Retrocausality or Backwards causation is a concept of cause and effect where the effect precedes its cause in time. Retrocausality is primarily a thought experiment in philosophy of science based on elements of physics, addressing whether the future can affect the present and whether the present can affect the past.

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Pfft... Crashing to one of the magical trend lines.

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Central bankers tricks isn't strong enough to beat the occultmagnetism trendlines...

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They are weak and predictable.

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Hitting "Dead end" now. C'mon try push it lower.

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Bullion banks has just started to long the silver market.
They haven't done so for the last 24 years.

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I realized the Fibonacci rings are faulty when using candles less than 1 day in size (because of bug I guess). Current chart still looks viable using 1 day candles...

$13.33 is a possible bottom it looks like.

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The cicles are a bit buggy when they are oversized like this. They jumped a bit (not me touching them).

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Dont forget about this other chart I did...

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New trendline added.

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Zoomed in.

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Returned beautifully to the place where the circles intersected, now off we go.

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This is probably similar to the phenomena where the price retracts to the point where two moving averages cross, in this case with a so called long squeeze.

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Important message about JP Morgan silver shorting capability declining as their physical holdings just shrunk 20%:

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