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Institutionalized Market
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Three Pictures of Silver

By: SilverStratetgies.com team


-- Posted 10 March, 2008 | | Discuss This Article - Comments: Source: SilverSeek.com

SilverStrategies.com
03/10/2008

Short-Term Picture. (36 Months.)

There are two things to notice on this chart:
- The Upper bound of the Up-Channel has not been reached yet; so there is a potential here...
- Ascending triangle (grey area on the chart) places the up-side target at $25.00...



Mid-Term Picture. (7 years.)
So far so good - the pattern proves persistent rate of growth and almost identical time span for subsequent consolidations, each consolidation lasted two years. However, we expect increased volatility and ascent of silver price to accelerate. We're five years into this bull market and there is no cycle top in sight yet.

2


Longer-Term Picture. (28 Years)
This chart is for those who thinks it's "too late" to buy Silver. As you can see below, Silver just broke out from a 28 year base formation. On a time basis, this cycle is just getting started. 

3

SilverStratetgies.com team.


-- Posted 10 March, 2008 | | Discuss This Article - Comments:


Last Three Articles by SilverStratetgies.com team


Institutionalized Market
19 November, 2009

Positioning For The Next Move In Silver
15 October, 2009

Sean Rakhimov: The Calm Before the Storm
17 April, 2009

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