HI…HO…SILVER To The Rescue!
Look closely at this chart. The timing is near perfect. All silver lows take place at # 3 low. The silver bulls are just about ready to begin their ultimate stampede all the way up to # 1 - # 2. Either join those few knowledgeable bulls or get out of the way to avoid being crushed! The bull market in silver began in November 2001 at the price of $4.01. Since then silver bullion made a new high at every grouping of # 1 high and # 2 high. The fascinating part of this fact is that each high was a larger multiple of the previous low. The first high of $8.50 was approximately 2 times the previous low of $4.01. The second high of $21.44 was approximately 4 times the previous low of $5.45. The third high of $49.82 was approximately 6 times the previous low of $8.40. If this progression continues to the next arrival at # 1 high the price should be approximately 8 times the previous low of $18.17 which is $145.36 This progression is like that old college cheer “2, 4, 6, 8, who do we appreciate.” If silver rises to the price of $145.36 I feel rather confident that we will all be most appreciative! Based on the repetitive price progression this is a strong probability.
SILVER MONTHLY LOGARITHMIC
Hi…Ho SILVER……AWAAAAAAAY!!! http://www.youtube.com/watch?v=YIbYCOiETx0
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