An article by one of our customers, Koot Jordaan:
At the moment, the is not a good place to be, despite all the bargains. Nobody is bargain hunting in ANC country lately. The only that are booming are and ’s, due to the extraordinary performance of palladium. These are out of the starting blocks already, but silver, another , is just getting ready for the race, to eventually outperform the rest, if history is a good guide.
In the abovea massive is developing going back to 2013. I have used a 150 and 200 day . As can be seen, the price has already broken above these creating a . The is on it’s way, but still has to through the of the at about US$18.50.
The price of silver corrected more than and is lagging behind gold. But, if history is a guideline, usually overtakes gold when the precious metal bull market gets serious.
In the bull market of 2001 to 2011, gold did 600%, while silver did 900%.made the way for silver. The silver graph is almost an exact replica of the USD Gold . It is just a few months behind.
In the above semi-log chart of gold, you can see the reverse head and shoulders So how can you profit from this potential bull market in silver?which took place and the break above the neckline last year.
There are ’s like Newsilver, as well as a silver available. Another possibility is ’s. Unfortunately we do not have any silver mines in South Africa – which would be the preferred way to profit from a silver bull market.
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