This Past Week In Silver

July 27, 2013

Last week silver bullion and silver equities are on short-term buy signals. However, long term they remain on a sell signal, but prices are now approaching 200 ema support.

SLV – on short term buy signal. 


On long term sell signal, but prices now approaching 200 ema support.



Large specs are at the lowest levels in years.

Jack Chan began investing in 1976, and became an active trader in 1998 using technical analysis. He began sharing my trading model with a few like-minded fellow traders in 2001, and the circle began to grow. The teaching and mentoring became a full time job, and by late 2003, he had to leave the family business and launched his advisory service in early 2004. Visit his website at

During 1500s the Spaniards had taken 16,000,000 kilograms of silver from Peru.