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Pastimes : The Philosophical Porch
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To: Management1st who wrote (25877)5/24/2025 10:11:29 PM
From: Rarebird  Read Replies (1) of 26251
 
SLV: I would take a higher low above $29.04.

SLV looks overbought by some measures whereas Gold has more room to run IMO.

SIL has been outperforming SLV for a while now, which is very bullish moving forward for the miners and physical.

There are two sides to Gold, one of which is safe haven status, which Silver cannot measure up to.

I am bullish on both Silver and Gold, but I am looking for a better entry point in regard to Silver.

I was long SIL earlier this year and made close to 20% in no time, couldn't have been more than a week or two.

You are not going to get me to trash or belittle Silver.

I think Gold and Silver are the two biggest winners by far over all the major US indices moving forward this year.

There is a big blow off coming this year in regard to Gold and Silver. I have advised my ex-students to buy Gold and hold on.
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