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SilverChartist Profile picture
SilverChartist
@SilverChartist
💎Premium Technical Analysis #SILVER | #URANIUM | #GOLD | $PLAT | #BatteryMetals | Income Investing 💎Biblical Perspective on Wealth 👉🏼 https://t.co/fX5BjLNnWB
Stephen Leung Profile picture 2 subscribed
Nov 23, 2020 • 7 tweets • 3 min read
#SILVER | #GOLD | #URANIUM

1/
It's been well said that a commodities 🐂 market will either "wear you out" or "scare you out"

It has now been over 100 days since the Aug 7th $2089 high in $gold & the $29.92 interim top in $silver

Many are worn out and have thrown in the towel 2/
As bull markets mature, shares of quality companies and physical #preciousmetals become increasingly concentrated in fewer and fewer hands.

Unfortunately, most retail participants are shaken loose way too early as the "smart money" accumulates when the market is quiet.