Chris Vermeulen, the founder of Technical Traders Ltd., describes the current economic climate as “a game of ‘chicken'”

TSI editor’s note: If Mr. Vermeulen is right, in this game of chicken, everybody’s goose is cooked. Except, that is, for those who own precious metals like Silver.

“Silver is likely one of the most incredible opportunities for skilled technical traders ever. This secondary precious metal is still trading below $19 per ounce – well below the $50 per ounce peak reached in 2011. If you understand our logic and can appreciate how Gold could rally to levels above $5000 or $10,000 because of extreme risk factoring, then consider that Silver could rally to levels above $250 per ounce given the same risk factors – that’s a 1300% price increase.”

Continue reading at: https://www.thetechnicaltraders.com/gold-silver-begin-the-move-to-new-all-time-highs/

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