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Non-Tech : Kirk's Market Thoughts
COHR 183.94-3.1%3:59 PM EST

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To: #Breeze who wrote (23596)3/14/2025 10:20:05 AM
From: Kirk ©1 Recommendation  Read Replies (1) of 27028
 
Crazy high targets a sign or more to come? It reads like he expects money to pour out of stocks and into metals.

Some good charts:
moneymetals.com

Gold And Silver Look Ready To Rock And Roll
Mar. 14, 2025 2:20 AM ET

Fortunately, we may now be witnessing the early stages of that breakout. However, for stronger confirmation, I want to see a decisive close above the $34 to $35 resistance zone that formed at the late October high.

Once that happens, I believe silver will have nothing holding it back, setting the stage for a move into the $40 to $50+ range.
Money Metals Exchange
  • The financial markets have been all over the place this week, with stocks swinging back and forth without a clear direction.
  • Amid the uncertainty, gold and silver stood out as bright spots, gaining 0.89% and 1.8%, respectively, and moving toward a key technical breakout that could mark the next leg of the precious metals bull market.
  • The Synthetic Silver Price Index is gaining strong momentum, fueled by rallies in both gold and copper, which are in solid technical positions.
  • I ultimately see gold reaching at least $15,000 per ounce and silver surpassing $300 as these bubbles burst, triggering a massive financial reset.
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