The Premier Silver Resource Website

Live Spot Silver
Silver Market Articles
Silver Discussions at the Forum
Silver Company Links
Silver Market Updates
Silver & Gold Headlines
Silver Stock News
Silver Equity Quotes
Silver & Precious Metals Quotes

Silver Market Update

By: Clive Maund

-- Posted 22 March, 2006 | | Source:

Silver has so far ignored the slowdown in gold and although it reacted instead of pushing higher as expected in the last update, it quickly made good the losses and it even managed to push to new highs last week. The question therefore arises as to how long silver can continue to forge ahead with gold going nowhere, and more particularly, if gold goes into an intermediate decline, as looks likely from its chart and especially from the charts of the gold stock indices.


The 6-month arithmetic chart for silver looks just great, with the price continuing to rise within a fine uptrend channel, and the only “blot on the landscape” is the large gap that has opened up between the moving averages. As with gold, this is a warning that no uptrend last forever, although while gold has lost upside momentum, silver hasn’t - so far.


The 5-year silver chart puts the strong uptrend in silver into historical perspective and shows that silver is getting increasingly extended, as gold did some weeks back. Although the current intermediate uptrend is definitely getting “long in the tooth”, there is scope for further upside before it has run its course, and it may end with a spectacular vertical blowoff move that takes it to a short and intermediate-term overbought extreme.

Before anyone writes to tell me about the wonderful fundamentals for silver, as described by writers such as Ted Butler, I know about them, so there’s no need.

-- Posted 22 March, 2006 | |

Contact Clive Maund -

Last Three Articles by Clive Maund

Silver Market Update
5 December, 2011

Silver Market Update
20 November, 2011

Silver Market Update
7 November, 2011

Clive Maund - Archive List is presented to you by:

© 2003 - 2011, Silver Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.


The views contained here may not represent the views of, its affiliates or advertisers. makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of, is strictly prohibited. In no event shall or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.