I realize most of you are tuned into Jorge Boosh trying to figure out what he has planned for you. As for me, I'll see what the markets say. Maybe nothing. Who can say?

Okay. Silver's taking the lead in the recovering precious metals. The weekly MACD Histogram bars are now convincingly turned up for the metal and are co-incident with the leading silver stock, SSRI, which also has uptrending bars. We feel silver's hitting 95.4% of its 200-dma on January 4th at a close of $6.40 will be the low for this cycle. You can see the 200-dma trends for all the measured components on the middle chart of this transmission. I gave you a "flash buy" on silver back on Jan 11th reflecting on silver's weekly 200-dma Monday close at 96.1% and a spot price of $6.43. Silver has subsequently moved up to $6.76 and a 200-dma expansion to 102.4% - hanging precipitously right on its upper boundary of its "safe" buying zone of  "buy" below 102% of its 200-dma. Tighten up sell stops above 130%. Your risk of reward now diminishes with each ratcheting up as silver seeks its upper boundary in this range.

We can be grateful to Adam Hamilton for discovering these 200-dma trading zones, and making them understood and available as useful tools to protect our hard-earned wealth.

The behavior of the US$ and Gold, are not, however, co-incident with silver's upturn. The HUI, on the other hand, does now have uptrending bars on the MACD Histogram, and WILL lead gold upward. You can tip-toe into your favorite major gold stocks, but would still wait for the Gold price itself to give you the confidence to re-enter the stocks. The stocks are still below the lower 200-dma boundary at 98.9% as of today with a "safe" zone of purchase being up to 105% (see middle chart of 200-dma's). So, with gold languishing around 102% on its way to 100%, and the US$ around 96% on its way to "kiss" gold at the 200-dma we could still have a US$ spike, and another dip in gold to bring us to that intersection at 100. When the Weekly MACD Histogram bars turn up for Gold that will be your "Go Point" for buying not only the metal, but also committing what wad you may have budgeted to ride the new gold stock bull. Those charts are below.

Let's put this myth of silver not being money to rest. It IS money, always has been since recorded history, and always will be. In fact, silver has been money for longer than gold. When you're talking 4,500 years or so, what difference is 500 years either way? Very true, however, silver is a distant second to gold for being money. But, then silver is light years above any other universally recognized form of money. Platinum and palladium have no history of being money. They are strategic metals, not precious. When a government comes after your wealth they come first for gold, then your silver, and even your copper, replacing our "red cent" with a zinc core, and ultimately replacing all with paper.

- - Charleston Voice

P. S. - remember I am not a registered investment advisor, and following any of this advice could lose you everything.