maund - another drop

Silver Market Update

originally published October 9th, 2011

It now looks like we were a little too bullish in the last update, for the way silver has acted over the past week suggests that another sharp drop is imminent before the dust finally settles on this reactive phase, that it likely to take it to or some way below its recent panic lows.




More at:
http://www.clivemaund.com/article.php?art_id=67&PHPSESSID=7fe12674dbde218f94413a7b5391f896



Link




Goes into technicals and gives price target.