Silver to $US600 in 2019, page-18

I can agree with you on the longer trendline for gold (IF one used parallel hope trendlines) - but,

at $1500 p/oz by the end of 2018 - from where we are atm $1283

I would not call that a 'mad year' --- I would call it a rather tame year.

that's apx. a 16% rise -------- a very tepid rise in what one would hope was a bull market.


Unfortunately - if you look the trendline from 2008 - it doesn't even give us a projection of $1500 -

it actually looks more like $1300 -

which would be a rise of 1.25% --

which is even more tepid -- here it is below ------------- no madness here.

sorry


I prefer a normal trendline to a hopeful - parallel 'could be as high as' trendline


that's called la la land

if you want to use parallel trendlines --------- make sure you look at a bottom one as well -- but, perhaps not - might be too much for the nervous system


to me - the higher highs and the higher lows tell me one thing -- it's saying that it's not going anywhere fast -

of course things can change - but, short term wise - there is more against gold than for it.