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SILVER Continues BREAK-OUT SURGE, New Multi-Year Highs, BREACHES $23!!!

24-7-2020 < SGT Report 30 366 words
 

from Silver Doctors:



Oh my…


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UPDATE II (10:20 A.M. est, Wednesday, July 22, 2020, (by Half Dollar):


Screenshots from the full length article (Midweek Market Report) I wrote for the best bullion dealer in North America (before that article goes live):





Shhhhhh.


Don’t tell them I sneaked this in here as screenshots before it went live over there.


It’ll be our secret!


END OF UPDATE II


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UPDATE (08:20 a.m. EST, Wednesday, July 22, 2020, by Half Dollar):


Silver has continued its surge overnight and into the morning.


Some updated charts of different timeframes:






Here’s the thing to understand: Everybody is making a big deal about the Sprott purchase.


Is the Sprott purchase important?


Indeed.


The Sprott purchase, however, is only ONE SINGLE FACTOR in silver’s myriad bullish fundamentals.


Additionally, Sprott isn’t purchasing all of that silver in one blistering market order, but rather, Sprott is making a purchase of up to $1.5 billion (USD) over the course of 25 months.


That said, that’s how it stands right now.


And since the Sprott prospectus (the SEC F-10 filing) is like, a gazillion pages long, it’s all subject to change, such as, what if just $5 billion dollars comes into the silver market, either through Sprott, or whatever?




Oh my.


And what is $5 billion anyway, like, what the US Federal government spends before lunch?


Read More @ SilverDoctors.com



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