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| Name | No More Price Manipulation! Physical Market Now In Charge of Gold & Silver Prices - Bill Holter |
| Video Uploader | Video From Finance Log |
| Upload Date | This Video Uploaded At 19-05-2024 21:25:40 |
| Video Discription | Silver, which had a relatively slow start to the year, has now emerged as a surprising star, outpacing the traditionally dominant gold. In the past four months, gold prices have increased by about 20 percent, from two thousand and six dollars in mid-January to the current price of 2,420 dollars. However, silver, which started its run up much later, has increased by a staggering 40 percent, from 22.50 dollars in January to its current price of 31.50 dollars. This unexpected surge has led silver to trade at its highest price in eleven years, a feat even the most seasoned investors deemed impossible a few months ago. The gold-silver ratio, which measures the value of an ounce of silver in relation to an equal weight of gold, has dropped below 80, its lowest level since late 2022. Despite silver's impressive performance over the past few days, it seems the precious metal is just getting started, as it is only just entering overbought territory on the relative strength index daily timeframes. This aligns with expert predictions, who believe the run-up could stretch for a few more weeks before any major correction. The industry now collectively eyes a near-term target of 33 dollars an ounce and a longer-term, more ambitious move to silver’s 50-dollar all-time high. We bring you the latest news, insights, and analysis on gold, silver, and copper. Our videos cover a wide range of topics, including gold price, gold prediction, gold price forecast, silver price, silver price prediction, copper price, market trends, investment strategies, and industry news. We share interviews from experts like Rick Rule, Peter Schiff, Mike Maloney, Lynette Zang, and many others. Stay up-to-date with the world of finance and make informed decisions with our expert insights. Subscribe now and never miss a video! Credit: Liberty and Finance Gold & Silver Breakout: $30 Silver & $2400 Gold - What's Next? | Bill Holter https://www.youtube.com/watch?v=MWl92B6zTr0 #gold #goldpriceprediction #billholter #silver #silverprice #silverprediction |
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