Silver Price Heading To $30 Or A Correction Lower??

In today’s update, I discuss where the silver price may be heading over the next few weeks.  Of course, this is only a short-term horizon, but if individuals are going to watch Kitco.com or other silver price quotes every day, then it essential to know what the technicals are showing.  How the silver price trades over the next two weeks will depend on the broader markets and U.S. Dollar Index.

In my newest video update, Silver Breakout To $30 Or Correction Lower, I provide several charts showing how the U.S. Dollar and broader markets may impact the silver price.

Furthermore, for those who have not seen this Silver Member article, it seems as if some large entities, hedge funds, or investors were positioning themselves for the big move higher in July and August:

Lastly, stay tuned for our upcoming interview with Dr. Louis Arnoux on the Thermodynamics of Oil Depletion and its impact on the U.S. and global economy to be out within the next two weeks.

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DISCLAIMER: SRSrocco Report provides intelligent, well-researched information to those with interest in the economy and asset values. Neither SRSrocco Report nor any of its owners, officers, directors, employees, subsidiaries, affiliates, licensors, service and content providers, producers or agents provide financial advisement services. Neither do we work miracles. We provide our content and opinions to readers only so that they may make informed decisions on all types of assets. Under no circumstances should you interpret opinions which SRSrocco Report or Steve St. Angelo offers on this or any other website as financial advice.

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4 Comments on "Silver Price Heading To $30 Or A Correction Lower??"

  1. Thank for the articles on energy and metals. I appreciate your help understanding the energy affect.
    Thank you,
    Tony

  2. TruthisYourRight | September 14, 2020 at 8:21 am |

    Silver is money, a fact that can be found in any dictionary!

    But, many channels on YouTube and websites function like little boxes; closed environments detached from reality. This is so that people go further and further away from what matters.

    Fiat collapse is imminent and a chosen people,(illegal to name) stand to lose their fiat fraud and financial system.
    Now is the time to tell others about it. Don’t be a Judas Iscariot, but preserve your Christian family and other families of the world.
    Ref; Tell the Truth and Shame the Devil by Gerard Menuhin.
    (Corona is part of their deception)

    • TruthisYourRight,

      Yeah, we realize the entire Fiat Monetary system is a BUBBLE. No debating that one. But, before you want to BLAME the Fed and Bankers for ALL OF OUR ILLS in society, you may want to consider that without the BANKERS and POLITICIANS in the United States, Americans wouldn’t be enjoying one of the best standards of living in the world.

      So, you can continue to CRITICIZE BANKERS for all our problems, but if they took their HANDS OFF THE LEVER (from the movie MARGIN CALL), then the playing field would become a lot more equal in the world and AMERICANS wouldn’t like that one bit.

      So, there is HYPOCRISY on both sides… but I gather you won’t ever get that one, WILL YOU??

      steve

      • DisappearingCulture | September 15, 2020 at 6:31 am |

        You are likely reaching a “bot”; living or not.
        Like an outgoing voice message, the massage rarely changes, and it doesn’t care what you say to it.

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