
Brian Goodner
3.3K posts

Brian Goodner
@BrianGoodner
Bolts fan, Suns fan, Movie/TV series fan, and a fan of my dog.


Why Silver is crashing and why it may nt recover soon TLDR: Near term Energy Security will take precedence over future profits When ur ships taking water, saving ur ship from sinking NOW is much more important than paddling harder to get to the treasure Island faster #silver































@ThHappyHawaiian I’m still bullish. Michael Oliver still thinks $200+ by summer. I think we could start rallying soon, my guess is before May.



#Silver update: Things are coming to a head. A daily close above red would be the first hint of a turnaround for silver and silver assets. A close below the current rising blue support would signal a retreat to the "likely supports" zone. I lean toward the latter because silver is currently acting like a "risk on" asset, and I don't see a sudden resolution to the war. Precious metals will join the safe-haven team eventually, though. I don't think it will happen without the mentioned retreat, but a breakout above red resistance would make me reconsider that downward bias (and clearing the daily cloud would put me strongly in the short-term bull camp again--and have me bullish on all timeframes).
















