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On Further Inspection A Troubling Pattern May Be Taking Shape For Silver

- Dan Dontrose - The Fundamental View

Dan thanks. The extreme values are 20/25 dollars apart. But because the long term pattern is bullish (either due to failing economics at the one end or improved economics leading to aggressive industrialisation at the other), I as a long term investor feel that over a 3 to 5 years investment horizon any person should gain between 50 to may be 100%. I have a hunch silver's industrial usage will call the final shots. We are re traversing Mar/ Apr days of this year. Thanks again.

Commented 4203 days ago

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Beginning of the headline :Recently, a sell pattern emerged on the charts for spot silver. I identified it in my prior posts that can be read here and here. The first one was a confirmed double top sell signal and the other was the bearish COT charts indicating that further downside was evident. The aforementioned charts foretold this correction in the price of silver and the technical patterns have come to pass as expected. However, because I am still short silver for this correction I continue to analyze the chart and In looking at the longer term picture, I believe I spotted something on the longer timeframe chart that may foretell dark... Read More

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