As noted on January 27, 2019, silver has started its decline and is expected to drop below the $14 level for a final long-term accumulation opportunity. Commercial Futures Traders have been accumulating short positions since November 2018 in preparations for this decline. With respect to this long-term accumulation, it is expected that silver will be in the $20 range by 2021, and continue to move higher, eventually going parabolic to the $60 range in several years.
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