After such a move, a bounce is likely, so i close half of my position here at 17,90$ So 53,600 is now in cash for new trades. I expect this Silver downturn to continue until November-Dezember but maximum mid 2017 Then a new bullmarket for metals should start with European Banks crashing, Bonds crashing, interest rates soaring, Real Estate falling in price, Civil Unrest flaring up in some cities, War in the middle East and Japan-China, More war-attempts from/against Russias empire building, Unemployment soaring because of automation and software. By 2020 we should have affordable 4k Virtual Reality which will be very interesting. By 2030 many Artificial Intelligences will far wil do incredible things never thought possible in many fields. Comments are closed.
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AuthorPascal |