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🚨 Silver’s Historic Move: What Now? This week on Talking Trades, Northstar & Patrick Karim explain why silver’s explosive rally has redefined the buy vs hold vs sell debate. After more than a decade of consolidation, silver has entered a parabolic advance — leaving price more stretched than at...

1,234,612 views • 6 months ago •via X (Twitter)

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ED STEER: "Throw Technical Analysis Out the Window" - Why This Silver Rally is Different. 📈 Silver's price acceleration is entering parabolic territory. Here’s how fast each $10 move has happened: ➡️ $20 to $30: 145 days ➡️ $30 to $40: 145 days ➡️ $40 to $50: 39 days ➡️ $50 to $60: 12 days The intervals are collapsing. This is a classic signature of a parabolic rise. 🛑 Why technical analysis doesn’t matter right now. As Ed Steer states: “We've been in a managed market for 50 years... you can throw that stuff all out the window.” This isn’t a normal market. It’s the end of a multi-decade price management scheme. Forget moving averages. Watch physical supply, COMEX movements, and what the big traders are doing. The smoking gun: U.S. bullion banks are out. ➡️The latest Bank Participation Report shows the 5 U.S. bullion banks hold their lowest short position in history in silver. ➡️They’ve been covering for months. They no longer have an incentive to cap the price. What this means: ➡️The "cracks in the wall" are now full breaches. The physical shortage (92 million oz left COMEX since Oct 1) is meeting a paper short cover. ➡️This could be the "silver equivalent of the failure of the London Gold Pool" in the 1960s. The investment takeaway (from a 25-year veteran): ➡️Physical first. Before any stock, own the metal. It may become "unobtainium." ➡️Then, consider broad equity exposure in miners The lagging silver miners (up 146% vs. silver's 109% YTD) have massive catch-up potential. The Bottom Line: The mechanisms that suppressed silver for 50+ years are breaking down in real-time. When managed markets fail, prices don't rise—they explode. Watch the physical flows, not the charts. HT: CapitalCosm #Silver #Gold #PreciousMetals #Investing #Markets #COMEX #Parabolic #Bullion #ShortSqueeze #Miners $SILJ

Mark

90,730 views • 7 months ago