Video Presentation: Here’s When Silver Will Surge Like Gold
Though silver has languished for the past five months, causing some investors to grow frustrated, I believe silver will finally thrive once these conditions are met.
During the summer, the precious metals community grew increasingly frustrated with gold due to its choppy and lackluster price action. At the time, I repeatedly urged investors to remain patient, as I believed gold was on the verge of breaking out in multiple non-U.S. currencies, leading to a significant surge. Sure enough, my prediction was proven right, and I believe that gold has even further to run from here. Now, I'm noticing similar frustration with silver, as it has gone sideways for the past five months. In this video presentation, I encourage investors to remain patient with silver, as I believe it's on the verge of a strong breakout, much like gold—once specific conditions are met.
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Can anyone find or know of any junior miners that are making money?
I Have only found 2 profitable junior miners under $100m m/c
Siver X (EGX) at 33 cents mostly Silver and
Monument Metals (MMY) at 30 cents mostly Gold
Both will be making net $4 million per quarter
What do you think of this guy(Eric Yeung)’s prediction?
Do you see gold price plunge in Q4, 2025?
Eric prediction:
This is how I see it all play out for #Gold & #Silver in the next 12 months.
1) JPY Yen reverse carry trade slam in early August 2024 (already complete)
2) FED rate cut in September 2024, Gold & Silver trade within a tight range and consolidate.
3) October 2024, USD prices for Gold and Silver shoot up.
4) Nov 2024, interim peak prices for Gold and Silver around the U.S. Presidential election. Gold will correct from the range of $2800 to $3000 USD and Silver will correct from the range of $40 to $45 USD.
5) Jan 2025, Gold and Silver will continue their Bull trend.
6) Around Q4 of 2025, the Fed will hint that the rate cutting cycle is coming to an end because of rising inflationary pressures. Gold peaks at around $3700 USD and Silver peaks at around $80 USD. Global USD liquidity reverses and contracts. Gold, Silver along with U.S. equities plunge (the bust).