The lower of the 2 charts above show silver "retesting" the breakout of the blue down trend line. It can be seen in post #85 that that line was in place before the breakout. This proved to to be a powerful buy signal. The reason I am bringing this up now is because of the following chart.
I don't pay much mind to short term movements. Precious metals as an investment have the most potential every few generations when fiat currency overextends its ability to repay a nation's debt, and where hard money becomes necessary to restore faith and trust therein. With that in mind here is an admittedly very ugly ~20 year chart I mocked up back in 2017 that still has merit in my opinion, at least for as long as the uptrend that began around 2000 continues to support. With the Federal Reserve once again lowering interest rates and flirting with QE, and the Bank of International Settlements classifying gold as a tier 1 asset, I am very comfortable continuing my buy and hold strategy of dollar cost averaging.
Thank You. That is exactly how I see it too. One has to understand that this is a projection made long ago about long from now. You have to use a tiny bit of imagination to adjust what is shown to conform to the current situation given the new data since this was published. As far as I'm concerned, this is SPOT on. Thank you for sharing that.