independent financial analyst, advisor, consultant, trader & investor as well as an international speaker with more than 25 years of experience in financial markets.
Silver Chartbook — Silver’s Breakout Rally Is Slowly Unfolding
Silver $Silver - main 2509(SImain)$ , often overshadowed by its more glamorous counterpart, gold $Gold - main 2508(GCmain)$ , has recently captured the attention of investors worldwide. A potential breakout rally in silver prices has sparked excitement in financial markets, hinting at significant opportunities for those looking to diversify their portfolios into silver and silver-mining stocks.The Spark of Silver’s RallyAfter more than 13 years, silver is finally trading above USD 35 again! While moving within the range of USD 17.50 to USD 30ish for nearly five years, silver managed to break out above its strong resistance around USD 30 about year ago. Since then, bulls were making slow and sluggi
Bitcoin has staged a stunning recovery since its April 6th, 2025, low of USD 74,434, surging past the USD 100,000 milestone to hit a new all-time high of USD 112,000 by May 21st. Driven by strong inflows into Bitcoin Spot ETFs, increasing institutional acceptance, and a supportive U.S. political climate under Donald Trump, the rally has been impressive. However, over the last few days momentum has slowed down and Bitcoin has pulled back to around USD 103,000ish. Overall, Bitcoin is still holding comfortably above the important USD 100.000 mark, though.ReviewSince the panic low on April 6th, 2025, at USD 74,434, Bitcoin initially surged to around USD 86,000. This was followed by a week of sideways movement before another upward push propelled prices into the USD 93,000 to USD 97,000 range.
While gold $Gold - main 2506(GCmain)$ prices surged to a new all-time high of USD 3,500 on April 22nd following a spectacular rally, silver $Silver - main 2507(SImain)$ continues to trade significantly below its strong resistance zone around USD 35. Despite gold’s bullish momentum, silver has yet to revisit its October peak of USD 34.89.Instead, silver prices have been cunningly moving in a deceptive sideways consolidating, trading primarily between USD 32 and USD 33, since mid-April. Beforehand the silver market witnessed a sharp V-shaped recovery from a brief crash in early April, when prices dropped from USD 34.58 to USD 28.31 before rebounding to USD 33.69.Silver Appears Extremely UndervaluedW
As the world navigates a turbulent spring in 2025, Bitcoin $CME Bitcoin - main 2504(BTCmain)$ and gold $Gold - main 2506(GCmain)$ find themselves at a fascinating crossroads. With Bitcoin languishing at a five-month low of USD 74,434 and gold soaring past USD 3,000 per ounce, the contrast between these two assets has never been starker.While gold basks in its timeless role as the ultimate safe haven — bolstered by China’s relentless accumulation and a global shift away from the U.S. dollar — Bitcoin struggles to shrug off a -32% correction from its January peak of USD 109,356. Yet, amid oversold conditions, panicked sentiment, and a bullish seasonal window, the cryptocurrency could be poised for
We had anticipated that the last US interest rate decision in mid-December would bring a bottom and an upward trend reversal in the gold $Gold - main 2504(GCmain)$ market. Indeed, gold marked the end of its nearly two-month correction precisely on December 18th, 2024, with a low of USD 2,585. Subsequently, since the beginning of the year, gold bulls have clearly taken charge again, driving gold prices upward at a breathtaking pace.ReviewInitially, the all-time high from late October at USD 2,790 was surpassed without much resistance. A new all-time high of USD 2,942 was finally marked three weeks ago. Around USD 2,940, for the first time in almost two and a half months, more sellers than buyers appeared, causing the gold price to record a smal
Silver Chartbook — Resurgence confirms bullish outlook a for 2025
While gold $Gold - main 2502(GCmain)$ posted a strong performance in 2024 and is most likely on its way back to its all-time high at USD 2,790 after a two-and-a-half-month consolidation, silver has been moving upward in gold’s slipstream. Despite reaching a high at USD 34.89 in October 2024, silver $Silver - main 2503(SImain)$ never really showed a life on its own. Instead it was mainly following gold. At least, these price levels around USD 35 have not been seen since 2012. Finally, after a 17.6% pullback down to USD 28.73, silver has recovered nicely over the last four weeks.Silver supply and demand dynamicsFundamentally, a key factor driving the silver market is the persistent supply-demand imb
Gold Chartbook — Gathering strength for the breakout
Since the last US interest rate decision on December 18th, 2024, gold $Gold - main 2502(GCmain)$ has experienced a remarkable recovery as anticipated. From its low point of USD 2,585, it climbed to a recent high of USD 2,697 within three weeks, representing an increase of approximately 4%. This recovery, however, has taken its toll as it had led gold to a significant resistance in the form of the upper triangle boundary. This downward trendline is currently situated around the USD 2,679ish level and has acted as short-term resistance triggering a pullback at the beginning of this new week. With the latest CPI numbers released today, gold was able to leave that technical barrier behind. Prices rallied back up towards USD 2,696 again. So far, ho
Bitcoin — Torn Between Bull Runs And Bear Plunges, Extreme Volatility Ahead
As we enter 2025, Bitcoin finds itself at yet another critical juncture, navigating a complex landscape of unprecedented institutional interest, regulatory shifts, and market expectations. The cryptocurrency has already surpassed the USD 100,000 milestone, yet analysts unanimously predict a year of dramatic price swings. With price target projections ranging from USD 150,000 to USD 200,000, Bitcoin stands poised between exhilarating bull runs and potential sharp corrections, embodying the inherent volatility that has defined its remarkable journey. The current market dynamics suggest a perfect storm of factors — including spot ETF inflows, potential U.S. strategic reserve considerations, and nasty waves of profit taking in the stock market, that could propel Bitcoin to new heights while si
Gold — Trend Reversal right after the last US interest rate decision of 2024
As 2024 draws to a close, gold $Gold - main 2502(GCmain)$ & $Silver - main 2503(SImain)$ have experienced a remarkable year characterized by record-breaking gold prices and significant volatility. Driven by a complex interplay of global economic factors, geopolitical tensions, and shifting monetary policies, gold reached an all-time high of USD 2,790, outperforming many analyst’s predictions and cementing gold’s status as a safe-haven asset in times of uncertainty. Silver also posted a strong year but is still fighting to leave its 4-year trading range below USD 30 behind. Generally, the market’s trajectory was influenced by several key elements, including the Federal Reserve’s interest rate d
As the dust has settled after the US election, market dynamics are shifting focus towards monetary policy decisions and ongoing geopolitical tensions.An exceptionally successful year for precious metals is drawing to a close. The price of gold $Gold - main 2502(GCmain)$ has risen impressively by 30.9% in USD terms. Silver $Silver - main 2503(SImain)$ has recorded an increase of +31.75%. When calculated in euros, the annual balance looks even better, with the gold price currently showing a gain of 37%. Leading the way is the silver price in euros, with an increase of over 37.6%. This outstanding performance once again underscores the strength of these two precious metals, which have proven to be a