strange silver price, page-21

parrott

I believe all chart action is valid and there is no such thing as "false" action.

Now if you showed me a flat line for years then I would need of course to look at long term charts and I believe that would show a quick move but overall fit the scheme of things.

How you can believe a 700% increase in silver in a few years is repression is beyong me!

As a general rule all bubbles such as this one have a 80-90% retracement.

Take Japan or the Dow or Nasdaq etc.

Doesn't have to be, but more likely than not IMO.

Of course it may come from a much higher level.

I believe if those trend lines are broken above then yes, silver will soar but the time period will be short, weeks or months at most and that top will not be exceeded for decades.

Might be different this time!

I don't believe US currency is going to collapse anytime soon. Yes it has swooned but not to the degree that justifies the silver price.