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Silver’s Salvation

This is a syndicated repost published with the permission of Slope of Hope. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

Well, folks, it finally happened. That triad of drawn objects that represented resistance for silver (by way of SLV) has been shunted aside. This will do nothing but helpful the bullish cause of precious metals. This is big news.

Gold, too, has been charging higher, to the highest level in nine years.

Let’s keep the big picture in mind: my view is that gold is going to be going up substantially. It is one of the few assets on the planet about which I can be an enthusiastic bull.

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