Silver

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Silver and Silver Stocks Forming Bullish Cup and Handle Pattern

A cup and handle pattern is a bullish continuation pattern that represents a period of consolidation followed by an eventual breakout, which is the continuation of the previous trend. Typically these patterns last months and not weeks or days. Cup and handle patterns also entail precise price targets. To find the price target, one measures … Continue reading

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Central Fund of Canada

Was at a discount to NAV of 1% as of yesterday’s close.  CEF does not spend too much time with gold and silver bugs allowing it to go at a discount.  I am buying some to add to PM miner holdings.  What the hell, have you seen the sentiment in gold & silver lately?  Bombed … Continue reading

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The Sprotts: Silver Poised for Power Rall

Source: Karen Roche and Sally Lowder of The Gold Report (7/11/11) Opportunities abound in small- and mid-cap silver companies, according to Sprott Inc. Chairman Eric Sprott. In this exclusive interview with The Gold Report, Eric Sprott and Sprott Money Ltd. President Larisa Sprott say the fundamentals that drive the price of silver are as strong … Continue reading

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Silver Bottoms Amid Subtle but Bullish Factors

Successful market timing is based on careful use of technical analysis and sentiment analysis. Technical analysis measures supply and demand and sentiment analysis takes that a step further by looking at investor attitudes their positions and money flows. This information helps us assess probabilities. Nothing is certain but we want to see strong evidence … Continue reading

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Capitulation Zone Explained In Silver

Mark, Like most things, you’re reading my ‘handwritten’ computer notes. The capitulation zone can be best characterized as the point where those beating the grass (strong hands) are finding it difficult to locate snakes (weak hands) to scare. The big flush since April illustrates repositioning within the secular trend. These setups tend to foreshadow acceleration … Continue reading

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Silver and Miners- Whats Next?

Silver has formed a (temporary?) bottom, and looks now headed towards $40-$41. First resistance will be the 38.20% fibonacci retracement level as well as the 50 days Moving Average, which are located near $39. (see second chart below) Next resistance will be found around $41, which is the 50% Fibonacci retracement level and  a Fibonacci Fan … Continue reading

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Short Covering not Speculative Buying Led to Silver’s Parabolic Rise

Most mainstream pundits and reporters have assumed that it was speculative buying that caused Silver to go parabolic. After all, its always the dumb money or the public that gets in at the very end. However, in futures markets, parabolic moves are often the result of short squeezes. This is exactly what happened in Silver. … Continue reading

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Silver’s New Trading Range

Silver’s destiny with its 200-day moving average appears to be sealed this week as a brief bounce earlier in the week failed at the 50-day moving average.  From peak to trough so far this correction has run about 35%, which is still less than the 37% correction silver underwent from its parabolic peak in 2006. … Continue reading

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How Low Can Silver Go?

The volatility in silver is something that a lot of people can’t handle. When I first invested in silver, I was focused on hour-to-hour and day-to-day movements.  As such, the volatility in silver was the cause of a ton of stress, even if I traded the moves well. Now, with a little more experience, I am … Continue reading

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A 1980 copy of Playboy Predicts the Future for Silver

By Murray Dawes 05/12/11 Last night I lay back on my couch and had a couple of glasses of red, while reading an article from 1980 about the Hunt brothers and the events that surrounded the last spike in Silver to $50. I found the article while surfing the web for financial news so I … Continue reading

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Understanding the Short-Term Top in Silver

Yesterday, silver experienced its biggest one-day dollar drop in 3 decades. In recent weeks, I’ve been warning that the downside risks in silver were huge, that silver rose too far, too fast, and that there was a frenzy developing in silver. I publicly stated I was lightening up above $46 dollars and that a minimum … Continue reading

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