Silver is 9 weeks into an intermediate decline. That's a very mature correction. It's a whisker away from being oversold on the weekly charts. As you can see, ever since metals completed their 8 year cycle low in 2022 price has been rallying quickly from the slightest oversold condition. This is consistent with the advancing phase of a new 8 year cycle. 

Both miners and silver have completed C-waves. Gold broke the cartel suppression back in the spring and it doesn't look like gold is going to produce a C-wave. It appears to be stuck in a triangle. Triangles are continuation patterns and extremely bullish. They do create frustration though for impatient traders that what price to move immediately. 

If we get some more follow through in gold next week it will confirm the triangle and should confirm that silver has completed its intermediate decline as well, right where it should on that $30 support zone. It may struggle and sputter a bit at first until gold is ready to break out of the triangle. 

January will be the last month for monthly subscriptions to the SMT. After that I will be going to yearly only subscriptions and only for serious and experienced investors. 

After almost 20 years I'm tired of trying to teach novice traders how to control their emotions and develop patience. Metals are only going to get more volatile and erratic as this bull progresses into the final parabolic bubble top. If you haven't learned how to control emotions by now it's too late for me to teach you. For those that have learned and have patience this will be an amazing 2-4 years. The gains that will be made will be huge, especially in silver. But it's not going to be easy, in fact it's going to be hard as hell to stay on this bull, especially if you are trying to leverage. 

If you are serious about riding the final years of the metals bull I can take you there. If you are easily sidetracked by emotions or have no patience, you will be easily whipsawed by the volatile metals market and you will most likely lose money during one of the greatest bull moves we will see in our lifetimes.
https://t.co/8pnNsPN168