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Papli
Member since May 2012
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>Real Silver Highs 4  - Adam Hamilton - Zealllc
Adam very interesting and factually correct reflection of silver prices over the past four decades. I agree silver is consolidating at present levels. I would not be worried even if silver dropped to $ 27 and would refrain from qualifying such a fall as a bearish trend. I am all for investment in silver and its bullish antecedents, but its connect with gold prices cannot be wished away. Gold will have to move first towards new highs before silver attempts to even get any where near its historical highs of 1980s. And getting to $50 and beyond, would require to surmount the psychological barrier we experienced in April 2011. When and how silver behaves between $ 45 and $ 50 will set the precedent for future in silver. Untill then we can merely speculate.

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Beginning of the headline : Silver bearishness has naturally mushroomed following this metal’s rough December.A growing chorus is declaring silver’s secular bull finished, implying it must have peaked after silver’s dazzling April 2011 surge.But secular bulls climax in popular speculative manias, which dwarf the silver action of a couple springs ago... Read More
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