Ah_Meng
02-24 15:15

$Silvercorp Metals Inc(SVM)$ No prize guessing what's the other two charts are about. I didn't guess the whole narrative right but last US trading session happened to be a reasonable profitable session for my portfolio position. It would have done better if I had shorted cryptocurrency in general! 

With March quickly approaching, the clock is ticking for silver March contract delivery. It will be interesting in just a week what will happen to the silver price movement. If the contracts are not rolling over, and the world ran out of physical silver to deliver, a lot of the settlement is going to be the so-called fiat paper notes, or currency as we called it. Those same currencies that could simply be printed and losing confidence among the central banks. The public is still not aware, going about with our daily business, like nothing happens. It will come a time when debts and currencies are dropping like flies... it won't be tomorrow, but pressure is quietly building up.

Many clever central bankers are not idling, thus this continued pivot to gold. Possible US-Iranian war is keeping silver and gold prices up. This is only the surface... behind the scene, increasingly ballooning US debts spells trouble for USD. The continued shortage in silver over the years is not helping... 

Volatility is no doubt the new norm is silver trades. Happy or sad, we will have to live with it. Do what I do if you believe what I believe. While slowly and steadily accumulating silver in minute increments on the side, I take the opportunity to take profits when silver trades get crowded and price shoots unrealistically. However, I always get back into the trade! I am a firm believer in this silver 🐂 cycle and 🐻 USD cycle. It's not going to end well if you are hoarding USD. So, I loaded up silver on corrections... and more.

Do your own homework and take your stand...

@TigerClub @Tiger_comments @CaptainTiger @Daily_Discussion t@TigerStars 

Gold at $5000, Silver Rebound: Precious Metals Still in Play?
Trump held a breakfast meeting with U.S. governors at the White House. When asked by reporters whether he was considering limited military strikes if Iran fails to reach an agreement How will precious metals react to geopolitical crisis? Is every dip a buy? Would consolidation continue?
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