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dom1971
Member since May 2012
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Silver Has Broken Down

- Dan Dontrose - The Fundamental View

Thanks for your comments. I'm based in Australia and sitting on top of a property bubble that everybody thinks is "different here" when the rest of the world has dealt with theirs. Pretty much resigned to the fact that I'm just a sheep who is going to get fleeced, fleeced some more and then skinned for good measure. Oh and I lost my job 3 months ago so there won't be any treading water... just sinking like a stone. I want out, permanently.

Commented 4186 days ago

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Beginning of the headline :I’ve written recently about the important levels to watch for in silver and went so far as to state that a “breakout” day was close. It appears as though today is that breakout day but unfortunately for longs it looks like the breakout was to the downside. This could imply that prices are now going to trend downwards to test the old support or, as is often the case with silver, we may see a whipsaw move to reverse. Bottom line, confirmation on the move is needed. As I warned in another of my... Read More

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