Silver is just starting to breakout after a few months of consolidation (wave 2).
$900B Stimulus bill passed.
Wave 3 just starting. Right on time when we measure the first wave (March low to August high).
Wave 3 target $71-80. Could go higher. Next target is $102/103 per ounce.
Eventual (wave 5) target is $600 by April 2023 if this wave pattern plays out, especially if $100 is touched in 2021.
$900B Stimulus bill passed.
Wave 3 just starting. Right on time when we measure the first wave (March low to August high).
Wave 3 target $71-80. Could go higher. Next target is $102/103 per ounce.
Eventual (wave 5) target is $600 by April 2023 if this wave pattern plays out, especially if $100 is touched in 2021.