SILVER 0.30% $15.25 silver futures

why investors are buying silver ..., page-3

  1. 17,444 Posts.
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    Probably if you invest $100 in silver today in 20 years it will be worth $1.

    The fact is silver is parabolic and will end badly. I suggested a top would see a $10 drop in a day but so far only $5.

    Yes, later it may see an even more wild upswing.

    I had it wrong about silver and plead guilty to not having decent silver charts. As some suggested, better to chart gold and trade silver. Gold I had 1475 as best top and didn't work. Alternate is 1525ish and beyond I give up.

    Silver at around $50 is obvious resistance as a double top with 1980 but too obvious. Will it be temporary resistance. Some suggest silver double tops while gold doesn't. The next few months will be interesting. I did suggest April was the better time to form a high than earlier.

    An interesting weekly Silver chart.

 
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