strange silver price, page-40

Actually silver fell about 30% from its recent high. The parabolic rise on record bullish sentiment and an over crowded one-sided trade was flashing warning signs last week. The fundamental story for a continued rise in silver was strong. But so-called fundamentals invariably lead investors astray at the worst possible time - near major reversals of trend. Next support level at the 200-day MA is another 15% below current prices at $29/oz.