Look at what happened in March of 2020 during that sell off Route,
that hit everything stock market gold silver, the whole deal.
Silver went down and blew out a similar floor that it had built since
2015 around the 14 dollar level.
And that March 2020 event.
It blew out that price, chart floor, stay down there for several days
and next thing you knew its back up in the prices own.
It had lived it and it took off.
I should have a black eye, though.
It's over.
Okay.
All the way we analyze it.
Momentum structural analysis for our subscribers, institutional
individuals, all four major asset categories.
You need the stock market here and elsewhere, the bond markets,
foreign exchange, and commodities with an emphasis of gold and silver
and of everything we've called this year.
If I, if I delineate it, it you said well, it's pretty good record,
but then one that is really bad.
We call the stock market right off the highs major bear Market.
We said it's, and we think, it's only begun bond market etcetera,
etcetera, but Silver's the one that surprised us one.
We think that silver going forward and we think gold isn't an ongoing
bull market.
It is caused.
Yes for one and three-quarter years right now.
Gold is in the middle of that range, but silver, which had an
explosion in 2020, which we
Got bullet extremely bullish at $19.50, odd cents, and it shot the 30
within six weeks.
We thought, oh, that's good behavior.
Okay, then it went into a congestion Zone much like gold yet.
Silver kept going down under $22.
It did it three times.
In fact, six or seven weeks after the August 20, 20 High which
approach $30 it traded under 22 was the first sell-off is very sharp.
And then from that September 2020 low in rally back up and in January
2021 was again at 30
they did pull back again in a slow layered manner twice in 2021.
Mid-year and late in the year, it traded under that 22 dollar level
second and third time.
Same level that we'd reached in the summer of the September 2020, pull
back.
So it's three lows over the last year and a half were sober, dips
under 22, and somebody buys tips.
122, somebody buys third time that third time when it turned up.
MSA put out a report saying it's silver will close get up above a
24:40 area that was coming up from the 21, 22 23, goat over 24:40.
We thought that would get it going.
It shoot it back to the heist.
Well is shot it up to 2750?
Very rapidly.
So going to
Rally, but then something happened.
That's when gold in March reached up to its old high.
Again 20 2070 2070 actually make took out that high little bit that
it's all on the summer of 2020 but silver didn't get back up to its
highs around.
30 said it was a 2750 and then you started this erosional pull back.
When silver drop back under 24, this year, actually, under 2397 weeks
back during this quarter.
We said oh, oh the breakout that.
We thought we defined both 24:40 based on quarterly.
Momentum has been negated.
Something's wrong.
So about fifty cents below.
We said get in we said, oh, this is not good.
We had no idea.
It would come down and take out all the price loads of the last two
years.
I mean it all those three loaves just below
Two bucks.
It's somebody who's buying their somebody was buying this.
Nobody was buying it.
You talk about conspiracy somebody.
Who's accumulating silver under 22.
They stabbed it out.
Last week we drop down to $20.40.
So you if somebody's looking at a price chart of silver, you'd say.
Oh golly the floor, just came out.
It's no good.
Right now we're back up to 2175.
So we'll push him back up toward that old floor price chart floor.
But when you look at a silver chart, it's hard to understand what
caused that because frankly, golden collapse like that.
It didn't go down into the 1600's take out the lows of last year and a
half.
But silver did the stock market didn't cause a crash in the stock
market had a bad couple weeks, but it was, you know, double digits.
10% type drop wasn't thirty-some-odd percent.
So it wasn't a crash event and yet silver trashed itself.
Okay, either the thrashing is valid or it's in
What do I mean by in Bell?
Get a silver price chart.
Back to the old say, 2015, and silver made a bear low along with gold,
late 2015, and look at what happened in March of 2020 during that sell
off Route, that hit everything stock market gold silver, the whole
deal.
Silver went down and blew out a similar floor that it had built since
2015 around the 14 dollar level.
And that marks 2020 event.
It blew out that price, chart floor, stay down there for several days.
And next thing you do is back up in the prices own.
It had lived it and it took off the low in that break was $11.50 here.
You took out all this $14.
It was an invalid price chart cell signal in aborted quickly and next
thing, you know, so who's recovered and on its way back up.
We think this is a similar event that what's over just did.
Last week by blowing out that too obvious, price for, I say to
obviously means any idiot will get a price chart can see it there.
Pulling his hair out.
You know, sober is no good.
Well, it was no good in March of 2020, right?
Not so that was a bear trap.
We thank you just saw a bear trap.
We don't have enough evidence yet.
In terms of upside turned.
It says, okay.
We're definitely it's over with.
We're going back up.
It won't take too much more.
And so we're updating our subscribers when we see enough evidence,
that in fact, silver has finished its Vortex, low sort of a
Look of March of 2020 and is ready to go back up.
But it so that's our black either your.
So yet.
It's the market and we frankly love the most in terms of its very very
long term.
Technicals in terms of its relative pricing to other assets, such as
silver price versus gold.
Is it very low levels?
In fact, if you go back in history of the last 5-10 years, you'll see,
we are two level.
Now, where if you start to see a turn
You're coming off.
You're coming off of a very good bargain level.
And over the last few days.
We've started to see us ratio term between silver and gold or silver.
Gold is nudged up.
Its silver is sort of shot up a buck and a half or so.
If that continues then that's sort of affirming our sense.
It's over.
Put itself into a bargain-basement situation, but silver in relation
to anything in the world, probably the price of cow manure.
It's lower than it's ever been in relation to that.
It's lower than its been in radiation to go lower.
It's very low in relation to the car.