I think the silver-market now is cleared from all the weak hands and any stops below the technical important levels around and below 15.80 USD. Of course technically the chart is currently broken but I believe the 12 months correction has ended with a final capitulation that now opens up the door for a new multi-months rally.
If gold can indeed move towards 1,500 USD by next spring silver should run towards 26,00 USD. Some of the top silver mining stocks can easily triple during such a move.
If gold can indeed move towards 1,500 USD by next spring silver should run towards 26,00 USD. Some of the top silver mining stocks can easily triple during such a move.
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