Cryptobullet

$AG | First Majestic Silver stock
Facing long term resistance with huge volume
A breakout would probably double it quick

It’s good profit but it makes me sad

Palladium looks ready to pop again soon

Platinum is forming an ascending triangle on the 4H

Commodities are in a full blown bull market
Gold at ATH, Silver at ATH, Platinum at ATH, technology metals are pumping, industry metals are pumping...
Don't sleep on Uranium. It loos very similar to Gold and Silver before they took off
I am pretty sure we will see a new ATH this year

Silver has done what we hoped crypto would do
That's why it's always important to diversify and not limit yourself to one market

Silver mining stocks are highly undervalued!
Compare silver miners to silver itself and you will see the huge difference
And to be honest, silver mining stocks shouldn't rise at the same rate as silver, but significantly more.
Because mining stocks are essentially leveraged bets on silver.
Here's a quick example:
Silver costs $50, and a miner's production costs are $40. They make a profit of $10 per ounce.
If silver rises from $50 to $60, that's a 20% increase, but the company's profit increases from $10 to $20, a 100% increase

$BTC bounced nicely and suddenly everyone is bullish aggain
But what if history repeats? Are you prepared for both directions?

Gm to the 17 people still reading my tweets