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Why Silver Could Drop Below $30/ozt

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#1 Thu, Jun 30, 2011 - 11:40am
Joined: Jun 14, 2011

Why Silver Could Drop Below $30/ozt

Why Silver Could Drop Below $30/ozt.

By: Nu Yu, Ph. D.

A close look at where silver is currently positioned at this stage of its developing long-term bubble, and what can be expected short-term in its price using Bump-and-Run and Dead-cat Bounce pattern analyses, suggests that silver is on its way to returning to its long-term mean.

Where is Silver Positioned in This Bubble?

As shown below, it might be interesting to compare the silver chart with this graph of “Main Stages in a Bubble” by Dr. Jean-Paul Rodrigue. It shows that, after a brief “return to normal”, silver is now moving into the “fear” area of the Blow off Phase as it “returns to the mean.”

... to continue reading please click


Edited by: SilverTree on Nov 8, 2014 - 5:09am
Thu, Jun 30, 2011 - 12:50pm
Dr Durden
Twin Cities, MN
Joined: Jun 14, 2011

Good luck buying it when it

Good luck buying it when it does...is all I'm sayin.

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