Tagged: chase, jamie diamond, Silver
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Silver Breaks $24 Ounce
Posted by Gustan on August 23, 2023 at 4:17 pmMichelle replied 7 months ago 8 Members · 10 Replies -
10 Replies
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Both Gold and Silver are great investments. However, Silver will make better sense since the potential of going $1,000 is huge. Just banks covering their short positions will take Silver to $200 per ounce.
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Artificial Intelligence (AI) charts the price of Silver and Gold prices. Silver price has been keeping in the $22 to $26 dollars per ounce in the past few years. Silver price has broke out the $26.00 per ounce the past three weeks. Silver price per ounce reached $30.00 per ounce and is now hovering around $29.00. Artificial Intelligence has predicted that once Silver break outs over $26.00 it will break lose and the upside is promising. Check out this video where AI forecasted what’s going to happen to the price of Silver if it breaks out $26.00 mark which came true. Silver price per ounce has broke $30.00 per ounce, folks.
https://www.youtube.com/live/FUtrpfe5Oes?si=j3fIOvAw3Kdw3ioc
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Seems like silver and Gold broke out of their resistance levels and is on an upward trend. Aggressively pushing higher and seems it will break the $30.00 per ounce resistance level this week. We shall see.
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LOL. Yes, silver keeps on going up. Price of silver per ounce hit $30 per ounce last week. You have the big banks and globalists scared shitless because of being short millions of ounces of silver. Silver is a great buy today and hands down will go over $100 per ounce and has potential of going over $1,000 per ounce.
https://www.youtube.com/watch?v=siWRrg_Uekc&ab_channel=BaldGuyMoney
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Breaking price for silver is $27 dollar per ounce. Once it surpasses $27 per once, holders of short positions of silver will be shitting in their pants and will have nothing to be wiping their asses. Investing in silver bars in 2024 presents several advantages and considerations based on current market trends and economic factors. The interest in silver as an investment is bolstered by its extensive industrial applications, especially in areas like renewable energy and electronics, which sustain its demand. Silver’s role as a conductor in solar panels and its use in electric vehicle batteries are particularly significant as these industries are expected to expand substantially. This industrial demand underpins silver’s investment potential despite its price volatility.
The price of silver has shown substantial growth over the past decades and continues to be influenced by global economic factors, including inflation and the U.S. dollar’s strength. High inflation tends to make silver more attractive as a hedge, potentially raising its price. However, the market for silver remains volatile, influenced by both macroeconomic shifts and its industrial demand.
For those considering investing in silver, it’s important to be aware of its volatility. While silver can offer high returns during bullish markets, it can also experience significant downturns. The choice between investing in physical silver, like bars or coins, and financial instruments like ETFs should be made based on one’s investment strategy and comfort with physical storage and security concerns.
Given these dynamics, silver can be a valuable part of a diversified investment portfolio, offering a hedge against inflation and benefiting from increased industrial demand. However, investors should remain cautious of the market’s fluctuations and consider their long-term investment goals and risk tolerance.
For more detailed insights into the current trends and investment tips for silver, you might find the discussions and analyses from sources like GoldCore and Blue Hill Research particularly helpful.
goldcore.com
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Silver was as low as $20 per ounce earlier this year and now is close to $30 per ounce.