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Up front: there are no sure-fire technical analysts
on this earth that can reliably get market calls in metals consistently right
every time to whom you can entrust your money. None, nada, rien...nein. We have been wrong on so many occasions we
hesitate to post this.
 
Fortunately, our off-the-mark calls have
been in an upward trending bull mark, so short term trading in/out was not
crucial. In fact, many 'experts' believe in a 17-year cycle for investment
sectors. If correct, then the gold/silver bull should run until 2016, if you
use Buffett's selling his silver in 1999 as a benchmark for a cyclical
trough.
DO YOUR OWN HOMEWORK. The charts below you can
freely replicate for yourself at Netdania. You will
learn to be a 'relative value seeker'. As such gold/silver being money, the
two are measured against government issued paper monies in quadrillions of
times every day! The time come (hopefully sooner) whereby metals savers will
exchange for a competitive medium of exchange. Let's hope governments are
forced out of interfering with us. If not another Dark Ages will descend.
Remember you can't blame bad investment advice on
your broker. He was of your own choosing. You were too lazy to do your own
homework. Become appreciative of your hard work by respecting what you've
gone without to have the savings you do. You're no help to anyone else if you
can't protect yourself, no?
'Nuf said on that subject.
Now here's something that'll really droop your eyelids. Fibonacci retracement
lines and targets. For those familiar with Fibonacci, see charts below. For
newbies to Fibs, watch this brief video clip.
The 1st chart is a daily, the one below is monthly.
Either can be expanded larger by clicking on them.
 
 
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