There have been three mostly uninterrupted rises in the price of silver in the last six years. The magnitudes have been nominally in the $6 to $8 range, yet the time frame of each rise seems to be shrinking. If the subsequent falloffs follow the same pattern we could be in for a real eye-opener of a price correction in the very near future given our recent and large red candle interruption.
Check out historical rises in the price of silver. Where do the collapses occur in relation to disruptive geo-political events?
Now check out the last 25 years:
The 08-present ramp looks awfully familiar. No matter how you cut it, we can’t keep up this pace. Why? Without a correction we’ll be looking at massive inflation. The media coined a new term the last time we went through a correction of the magnitude that appears to be looming: “The Great Recession”
There are strong arguments for the price of silver rising and of it falling. Much smarter people than I disagree on the direction and time frame, but they seem to agree on one thing. It’s going to be big.
A few video clips:
From today’s Max Keiser Report and last October’s House Financial Services Committee hearing on Dr Ron Paul’s HR 1207 Audit the Fed bill, a … by davematherly | 7 months ago | 17,962 views
- Max Keiser – silver is a buy! (investmentpostcards.com)
- Here’s How to Stop Market Manipulation and Show Too Big To Fail Banks Like JP Morgan Who Is Boss (disquietreservations.blogspot.com)
- Silver Prices Soar Amid Inflation Concerns (dailyfinance.com)
- Max Keiser’s Plan To Destroy JP Morgan Goes Mainstream, After The Guardian Posts His “Silver Squeeze” Thoughts (disquietreservations.blogspot.com)