On the heels of yesterday’s wild trading, today James Turk told King World News exactly what level will create a major breakout in the silver market.
“Silver Is Flirting With It”
May 13 (King World News) – James Turk: “I’ve been watching this downtrend line in silver for weeks (see chart below).
Surge Above This Level Creates A Major Silver Breakout!
Silver is flirting with it.
Gold won’t go far without silver following gold higher. I don’t think silver can drag gold lower, given all the positive factors driving gold. It’s just that this time around, gold (and Bitcoin) are leading instead of silver, even though silver usually does lead…
BONUS INTERVIEW:
To listen to billionaire Eric Sprott discuss his prediction for skyrocketing silver
as well as his top silver pick CLICK HERE OR BELOW:
Sponsored
I think this is because silver has been so badly beaten up since its 2011 peak that it is off everyone’s radar. So the gold/silver ratio yesterday touched 88, meaning that silver is even more undervalued than gold. Put another way, silver has some catching up to do, which should be spectacular when the market wakes up to the opportunity this other precious metal has to offer.”
***KWN has now released the powerful audio interview with legend Pierre Lassonde and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
***Also just released: James Turk – Major Gold Breakout Today As Counterparty Risk Continues To Rise Across The Globe CLICK HERE TO READ.
© 2019 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. However, linking directly to the articles is permitted and encouraged.
