webmaster Posted April 8 Report Share Posted April 8 KITCO - Apr 7,8,9, 2024: $27.82 Conclusion on Viewing these charts: (see previous page) If Silver breaks out over $30, it could go "bananas", giving BTC a run for the money. $50? Very possible. $100 maybe even. === Turning to silver, the Heraeus analysts said that the gray metal appears to be rising on the back of the strong performance of other metals of late. “The price of silver rose above $27/oz last week after having struggled relative to gold over the past two months,” they wrote. “Silver appears to have benefitted from both the investment/consumer and industrial demand sectors, each making up ~50% of total silver demand. The copper price has risen steadily thanks to concerns over tightening supply. Where copper goes, silver tends to follow.” “Silver is a higher beta commodity than gold, so if retail investors show more interest as ETF holdings rise then it could outperform gold,” they noted. “Additionally, and in contrast to the gold market, silver investors re-entered the market for ETFs, with 10.7 moz of inflows in the last fortnight, taking total silver ETF holdings 3% higher year-to-date at 724 moz.” Link to comment Share on other sites More sharing options...
webmaster Posted April 9 Report Share Posted April 9 SIL (31.18) is now 123% of SLV (25.40); and just 87.4% of AGQ (35.66) SLV - on T-view: $25.40 (91.4% of Silver-$27.80) $2.40 Gap. 71.2% of AGQ: $35.66 /s: 140.3% SIL : $31.18 Versus AGQ ($35.66) Silver 27.80, 78.0% / Gold $2340 = GSR: 84.2 Sym: Apr.08: Pct. ( R : Low.- High, Size, HvL) %-R : op2v SLV : $25.40, 71.2% (18.97 - 25.48, $6.51, 34%) 98.8% 36% SIL : $31.18, 87.4% (22.57 - 33.24, 11.67, 47%) 73.8% 37% AGQ $35.66, 100.% (21.30 - 36.30, 15.00, 70%) 95.7% 67% Gdxj $41.91, 118. % (30.46- 43.89, 13.43, 44%) 85.3% 37% GDX $33.60, 94.2% (25.62- 36.26, 10.64, 42%) 75.0% 34% UGL: $79.83, 224.% (50.62- 80.09, 29.47, 58%) 99.1% 33% Jnug $38.90, 109.% (21.92 - 51.53, 29.61, 135%) 57.3% 74% Paas $18.07, 50.6% (12.16 - 19.84, $7.68, 63%) 77.0% 50% MAG $12.12, 34.0% ($8.20 -14.42, $6.22, 76%) 63.0% 55% AG : $ 7.93, 22.2% ($4.17 - $9.19, $5.02, 120.) 74.9% 68% CDE : $ 4.73, 13.3% ($2.00 - $5.07, $3.07, 154.) 88.9% 76% FSM : $ 4.68, 13.1% ($2.58- $4.90, $2.32, 90%) 90.5% 45% AAG.v 0.340, 0.95% ($0.14 -$0.37, $0.23, 164%) 87.0% == DEF.v 0.220, 0.62% (0.085 -$0.24, 0.155, 182%) 87.1% == SVRS. 0.140, 0.39% (0.090 -$0.23, 0.140, 156%) 35.7% == ==== SIL (31.18) is now 123% of SLV (25.40); and just 87.4% of AGQ (35.66) = Link to comment Share on other sites More sharing options...
webmaster Posted April 9 Report Share Posted April 9 SILVER PARTY just getting started. Target High; yr End... or early Next: $60-70 $60-$75 Silver In This Melt-Up Phase | David Hunter (Gold Target is $3,000 in "Pre-Bust" period == Link to comment Share on other sites More sharing options...
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