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TECHNICAL ANALYSIS OF GLOBAL FINANCIAL MARKETS STRATEGIC OVERVIEW OF MACRO ECONOMY & GEOPOLITICS

Silver’s $40 plus price is a high probability target…

Silver broke out from a multi-year consolidation, which should result in an explosive rally. Such rallies usually do not allow an easy entrance as they go up literally in a straight line. 2010 and 2020 breakouts resulted in 150% and 60% gains within 8-month and 1-month period respectively. Just imagine that silver added 60% within 4 weeks back in 2024. While no one knows for sure how far silver will go up this time, but minimum 60% gain could take silver above $40 mark within a matter of a couple of months! It has to be noted that this time around global economic and geopolitical situation is in much worse condition that it was back in 2010. As such, even unimaginable is possible as we live in unprecedented times...

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