Precious Metals breaking out?

in gold •  4 years ago 

For what seems like the last 8-10 years gold and silver have gone almost nowhere it seems. Then last year they both had a breakout. Gold hit an all time and silver was finally out or bumping up against the 30s. Then they sold off pretty violently and have been slowed. Recently though, they’ve been gaining strength with silver leading the charge.

Hopefully they breakout to the upside soon. Silver could hit 40-50 on the next bull run and gold could get to 2400-2500. That would fine fun to see.

It’ll probably never happen and the metals will go back into the cellar where they usually are.

Wishful thinking.

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