Topic: Cup And Handle

2 chapters across the catalog

Technical analysis of silver shows a "cup and handle" formation 44 years in the making, suggesting a potential rise to $300 per ounce. Dr. Kirk Elliott provides a more conservative estimate of $75 to $100 over the next year. The strategy focuses on silver over gold due to the current 100-to-1 silver-to-gold ratio, which is expected to tighten significantly.

Emergency Report! U.S. Banks On The Verge Of Collapse
1:10:14 - 1:12:43

Emergency Report! U.S. Banks On The Verge Of Collapse

Silver Cup and Handle Formation, Jamie Dimon, Economic Dark Period

Technical chart analysis shows a "cup and handle" formation for silver, suggesting a massive breakout after 44 years of pent-up demand. This coincides with a warning from JPMorgan Chase Chairman Jamie Dimon, who stated that America is entering its darkest economic period in history. Dr. Kirk Elliott notes that fundamental forces like rising debt and bank instability are aligning with these technical indicators.