The most important silver chart

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mrgneiss
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The most important silver chart

Well, at least for me. This is the one I refer to the most throughout the year, the 37 year seasonal chart for silver, I have heard before that strength and weakness is reflected for the most part by industrial silver demand, it will be interesting to see if in the coming years new Indian and Chinese investment silver demand, in particular timed to the Indian Wedding/Festival season and Chinese New Year, will shift the highs and lows of the chart.

http://www.seasonalcharts.com/classics_silber.html

End of June looks like a good time to buy - but please DYODD!

Edited by admin on 11/08/2014 - 05:09

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mrgneiss
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So far this chart has been

So far this chart has been bang on, at least since about the beginning of June.  According to this, we should see a little bump the 2nd week of August or going into mid-August, I'm sure that will be magnified by the devaluation of the US dollar.

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stoneeh
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Thank you for posting this. -

Thank you for posting this.

- Markus

mrgneiss
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stoneeh wrote:Thank you for

stoneeh wrote:

Thank you for posting this.

- Markus

You're welcome!  I don't know how anyone could be trading silver, especially anything leveraged, options, miners, futures (not so much for DCA stacking) and not be referencing this chart!

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Dr G
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It is a great chart. I second

It is a great chart. I second that thanks. And you're right, it is pretty much on schedule.

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