What About Bob ?
Bob (Silver) is Gold’s Manic Depressive Cousin …and Bob doesn’t look well at all
There are a lot of bottom wishers / callers around in the PMs .
But Today Bob Threw up again .
I Think He needs to visit $8 to $10 before he can begin to feel better
No visible support here in the upper $13s
Shoot the Messenger
Bix and Others Say “Keep Stacking”
Ya ..well ..it does look like every 31 years Silver goes Nucken Futz
So…keep stacking until …oh…2042 or so !
I don’t think one can look at this chart and argue that Silver at $50 was NOT a Parabola waiting to bust .
In Canadian dollars silver may have already bottomed. Better silver than bonds?
http://stockcharts.com/h-sc/ui?s=%24SILVER%3A%24CAD&p=D&yr=3&mn=0&dy=0&id=p11397902347&listNum=9&a=418271615
$3.51 looks like pretty solid support.
Seriously ?