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$28 feels like a strong psychological resistance to the potential upside.... when its been breached before the entire market sentiment seems to shift (more so than it already is)
Can that happen by month-end and in time for the remainder of the Iron Ore results? looks like it could go in the next day or two......
I think gold might need to break out first potentially. ? . it touched the top of the daily downtrend line this morning.. the problem is thats usually a Q for "the army of the dead" to smash the price to bits over the next few sessions..
Ive been long Gold / Silver since March time.. and everyone knows if the breakout and hold happens above that line then its game on for Gold to go for another all time high.. Silver will also go ballistic.. It might take a drop on the DXY Dollar below that cliff edge of 89.3 ??
Who knows.. but its a fun time to be in Metals..
Its flying without wings
Thin trade, but large UT at 11.
Its going to be fun here watching this move like wild fire
Gold off to the races. Let's see what happens next.
Great to see precious metals in the green for several days.
Hey Barrett, I haven't seen you post "Hi Ho Silver", for a while. I think one is in order imminently? ;) Fingers crossed!
I am chomping at the bit to post Hi Ho Silver . . . but only the bit three oh will prompt me to it.
When silver is $30 an ounce I will post it in capital letters. Fingers and toes crossed!!
PS I do like the fact that silver is up 1.45% today . . . the best UK savings accounts are barely offering 1%.
I like this Silver Spring feel. Go silver!
Silver up 1.62%
It's like a farmer looking out at his fields and seeing . . .at last . . . green shoots.
Go silver!
I seriously can't wait for silver to break $30, since it will force the shorts to start to close and will gap up.
On the last attempt of just trying to break $30, UFO hit 1.6p in just 3 trading days.
Now with so much news coming, I think we are going to see a move like last October.
Very lucky am here - all will come true over 3p short term
Well a couple of my relatives jumped off last October, and I don't blame them, there was some lovely profit to collect.
But I felt sure that it was much too early to say goodbye to Alien Metals. There are signs that we should wait before cashing in on this particular share.
I love there ride! Go Alien Metals.
Excited for the news. Can’t be far off now.
I agree Barrett. I think we will properly re-rate this time.
Bill - let silver go up and iron org - unleash the good news
Exciting times ahead .I think news is just around the corner and this is about to Rocket !!
All very positive this is the start of the spring board affect!
Wow silver is pushing it at 2% up! Gold too is up over 1%.
My plan is to cash in half of my shares this summer if all goes well, and maybe half next year.
Has anyone else got cleverer plans?
Luckygold - Never use the word think - we know news is coming!
Looks like $28 could happen overnight. BTC car crash (which was always likely) is helping PMs too.
be interesting to see how gold and silver behave if BTC recovers (have to expect it will)
i think it wont make much diff - my gut says the current Au and Ag movement is the expected/necessary/overdue rise and it should continue. Not BTC nor 10 yr treasury nor anything else will stop it if so.
$2000 gold and $30 silver.
what this means for UFO? when you tag the impending Iron Ore barnstormer that's on its way, is as i said earlier - v exciting.
TBH its been 6 months of unnecessary suffering post the rise of October... so those here have paid dues waiting for what really should have stuck the first time round.
i seem to remember some 2p-2.5p price predictions by 1st june. they feel sensible if all this carries on as is
99.9% what i say comes true!
28 breached
now..........stay!
(or go higher)