Tuesday, February 8, 2011

Silver Chart - 12 hour and Weekly charts

As requested by my pal "Turd Ferguson", here is a short term chart of the silver market.


Here is a look at the way the weekly chart pattern is shaping up:

8 comments:

  1. Dan: Thank you. I'll be linking to this shortly. TF

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  2. Hoping for a little resistance... I'd like to acquire more physical. Its getting harder to find large amounts of the physical right now and the only alternative might soon be PSLV with its huge premium...
    I think we'll bounce between 29.50 and 30.50 for a while...

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  3. Blythe is running down the hall with a kitchen sink right now...

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  4. Thanks for the awesome silver charts !

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  5. Well...!
    I posted that I expected a drop to $1,260 with an intermediate bounce, but have been watching carefully to find that my call has been invalidated.
    For the record I have now taken a bullish position and do not regret having missed the first 4% rise from the $1,315 low. I have watched patiently and feel comfortable with this investment decision.

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  6. Thanks Dan.

    When you get 90 mins guys have a listen to this. Could be tied into the recent recall of all Ambassadors to the US for a cnflab with. Hillary Clinton. Very scary if true and time to get physical. Especially on the back of King World News about China looking for 5000 Tns gold today. GLA

    http://www.youtube.com/watch?v=IncyFDTR9MA

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  7. Thanks for sharing with us Dan! Much appreciated..

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