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Thread: SILVER v USD

  1. #406
    Junior Member
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    And it keeps on climbing - now at $45 (roughly $56NZD spot). Have you thought about the point that it is not the price of silver going up but the value perception of air dollars going down? Whatever dollar you can think of because they are all interconnected. This puts the picture into a different perspective. Is it expensive at this level? I do not think so. Will it correct at some stage? I hope so...

  2. #407
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  3. #408
    Guru peat's Avatar
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    a hammer the previous week, and now a bullish engulfing....
    For clarity, nothing I say is advice....

  4. #409
    Guru peat's Avatar
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    That most recent red candle was the hammer of my previous post.
    The bullish engulfing then confirmed and we've now had two strong green weekly candles. Looks very much to me that the descending triangle has broken on the upside
    eh Skol? Attachment 4227
    For clarity, nothing I say is advice....

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