Thursday, November 6, 2014

SILVER: Here Comes Lucky 13?


$13 or not, we could reach some type of low near Thanksgiving
After breaching the lower boundary within a clearly defined 5-month down trend channel, Silver is now struggling to get back above that lower rail.
Nearly a year ago, when silver was trading near $21 per ounce, (26% higher than it is today) we identified a downside price target of $15.15 per ounce. As evidenced clearly in the below chart, we captured this target on Wednesday November 5, 2014 – with only 0.3 cents to spare.
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Saturday, November 1, 2014

It Is What It Is, a Bear Market


Beaten Down, Battered, and Bruised
The good news is that a lower nominal dollar price for monetary metals means more bang for the buck. Extremely depressed price levels are signals to accumulate inventory within the buy-low/sell-high paradigm.
Better yet, shorting the broken paper markets and then translating those profits into physical acquisitions is another way to slay financial repression.
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Tuesday, September 16, 2014

Almost Time to Backup the Truck and Load up on Silver


The following is a plausible forecast / prediction
Despite my known disdain for time and price predictions, I base the plausible forecast for an October 2014 generational low in the dollar-denominated value of Silver upon the cyclical duration of a prior elongated bear market that occurred from May 1968 thru November 1971.
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