The first question I asked myself when looking at FGC’s Silver chart was what were his black arrows and possible future path based on, especially the possible timeline? The second thing I noticed was that the 2002-2011 run became accelerated after that secondary bottom around 2008-2009.

Realizing that markets more often rhyme rather than repeat, my first thought was that the upside should accelerate soon, since we had our secondary bottom and have been moving higher since. I am already extremely bullish now that silver(and gold) had their correction, since October’s highs. I feel that having gotten past November, which was a down month, December was going to be positive and possibly very positive for the PM’s.

Now that I took a closer look at the longer term chart FGC posted, and zeroed in on the monthly count from that past big run-up, here is something to think about. The run higher from the secondary low was 30 months. Guess how many months this current run has been since the secondary low? Twenty seven, and to make it even more interesting, in that past run, the 27th month was the one red candle, before the final three month upward explosion, to the ultimate peak around $48.

Well while not a prediction, I wouldn’t be at all surprised if Dec. Jan. and Feb. representing the 28th, 29th and 30th months since the secondary bottom, explode upwards towards $50 and likely higher. I may be expecting a faster and larger gain than what FGC’s chart was suggesting, but given the set-up and comparison to last time, I believe quicker and larger gains are what is called for at this time. That is what I felt before I saw his chart and it only made me more positive than I was. Get long physical silver and do it today!