Sep. 12 at 2:43 AM
$AG will probably be over
$50 in three years, given where silver is likely going to go.
$AG at
$30 in two years in the very least. Two weeks ago, there was a big selling way against silver. SLV sold off in a big way, lease rates at the LBMA were very high (still high, historically). Stocks like
$AG and
$ASM and many other silver equities were pressured with a lot of selling. It head-faked some, but the silver bull is alive and well, and we're entering the classic "third phase" of the gold market, and silver lagging most of the ride up. That's changing, now. Silver outperformed Thursday vs. gold in a noticeable way. That's going to happen on a lot of trading days, now.
