All aboard the silver train!
If silver is indeed in a new bull market, which we will only know definitely in hindsight, but if it is, then based on past silver bull markets we are only just out of the starting gate - this is based on past bull markets as set out in the chart below - it is a silver analog using 1971-74, 1977-80, 2005-08 and 2008-2011 bull markets. If this bull market follows past bull market trends the POS of $US80 to over $US100 is achievable over the next few years. The chart is based on 17 May 2002 ie Friday's silver price.
Silver seats going to be hard to find, page-303
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 (20min delay)
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $248.8M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.5¢ | $496.7K | 2.951M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38364 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 615122 | 7 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| SVL (ASX) Chart |