Tavi Costa: Silver miners look bullish

December 5, 2024 8:52 am by CWR

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This is the most bullish! https://t.co/UjbXSsNRBk

— Rock Bottom Entries (@RockBtmEntries) December 4, 2024

$3730 per ounce of silver?

Scenario: stocks crash, gold rises, silver skyrockets = the Dow/Silver ratio collapses.

How far this time? If the Dow falls by 50%, then silver price would be:

at 60:1 = $373
at 19:1 = $1180
at 6:1 = $3730

2 ratios happened, today is worse.. pic.twitter.com/CepQJ4ZB1r

— GoldSilver HQ (@GoldSilverHQ) December 5, 2024

See also US debt balloons by $1 trillion every 100 days; "Bidenomics" stokes inflation. Gold shows bullish breakout; $2,790 level key for further upside.

See also The latest job report, showing unexpected job growth, has sent yields soaring, stirring up fears of inflation. Stocks are crashing.

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