Silver- Update
In my Friday post on silver, I updated my target price for silver to an ultimate high of $40 on this move. That was based on the first piece of symmetry. $18 from the $12 low in March to the $30 high in Aug. Take that $18 and add to the $22 low in Sept. for the $40 price target. What I said was, it will come quicker than would normally be expected. I took another look at the silver chart and if we get some nice symmetry we could see $40 silver on Feb.18th. That is interesting for two reasons. One, that represents 100 trading days from the late Sept. bottom for silver(which is symmetrical to the 100 trading days from the March bottom to the August high) and Second, Feb. 18th is my 70th birthday. That would be a nice present from Mr. Market.
Happy 70th Birthday, in advance Sir CM.
May God Bless you.
GL
Thanks, GL. Let’s hope we see $40 silver.
Great call, CM!
Great Stuff CM !
Welcome to the Septagenarian Club
I won’t tell you what club I’m going to join a year from now. 🙂
You don’t seem a day over 30.
Very good Sir Marcus, I have been told I don’t look my age but 30 would definitely be stretching it!
Thanks for all your great chart reading compiled over your 70 years! Many more to come – Happy 70th in advance!
Thanks to all