SamSuka
The Long Investor
The Long Investor

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SILVER - SAFE HAVEN -

Silver has done a good job here so far flipping the 50 Day MA to support, as the price has been testing this $31.70 support level for 2 days now.

If the price can continue holding above this level then we could see the First Target again at $33.50, followed by a test of the 2.618 fib at $37.4 next.

There is never a bad time to add to your Safe Havens when the market is in Wave 5.

SILVER - SAFE HAVEN -

Comments

question - the expense ratio is 0.50% is for SLV(iShares Silver Trust ETF). Are you concerned about that expense ratio vs putting those funds in a money market account to hold and earn interest there?

Daniel


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