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Silver Has Eyes On $20 Target: By Friday We’ll Know If The Cartel Has Lost Control Of Price

4-9-2019 < SGT Report 22 420 words
 

from Silver Doctors:



SD Midweek Update: The cartel faces its biggest challenge this week, and we’re about to find out if they’re still in control of gold & silver…


The move is silver is just getting started, and the moves over the last couple of months have been driving the chart huggers nuts.


How so?


Well, the technicals are all screaming “overbought”, but what the chart huggers do not understand is that what we’re seeing has absolutely nothing to do with the charts right now.



Natural forces are finally starting to matter, and they are starting to matter big time, so we see things like an overheated RSI and other technical indicators screaming “massive correction coming”.


Yet we keep rising in price.


Silver is up over 35% since May 28th:



Which is another reason why the chart huggers are missing all of their calls, and horribly so.


Have we seen the upside surprise I’ve been looking for?


We have not.


It’s coming.


Over the last few weeks, I’ve said during our live-streams, which airs at 12:00 p.m. EST on our YouTube Channel today (link to live-stream), that silver will be blowing through various price levels, and that is exactly what we are seeing, but we’ve only just begun the moves.


Snipers can take out multiple targets in an instant, you know?


A .50 cal to the head will…nevermind.


We’ve blown through $17.50 and $18.50, but I think we’re also going to blow through $21, $25, $35 and $50.


When?


Soon.


Very soon.


There area couple of “7’s” that are showing up on the gold-to-silver ratio:



I see more fuel added to silver’s fire.


Looking at the ratio over the last few years, we see the ratio has much further to fall:



What would be the silver price with gold at $1750 and the ratio at 60?


That would be $30.


Yes, I rounded.


For everybody knows ‘Ol Half Dollar ain’t no dang mathematician, but he does know how to use a calculator.


And round.


Oh.


Well crap!


It would round down to $29.


Nevermind.


Again.


So.


Read More @ SilverDoctors.com





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