Well if you must know; We are going up to US$33.33 and hitting resistance then down to US$32.20 for support. Then up to US$34 and slow consolidation to US$35. Long consolidation at US$35 then price spike to US$38.50 followed by a pullback to US$37 then a big spike early next year to US$44 The time to buy over the next 3 months is always going to be Yesterday
^^^Is there going to be another big correction after that or will it be to the moon from then on =o, ^^^ I'm saving cash for a bit and if I miss out on more phys too bad, don't think I will though
I take it your asking is this next leg going to be "to-da-moon" I don't think so, I think there is one last big pull back left (Although this pull-back will have a low much higher than we are currently sitting so I would not hold my breath for a lower buying opportunity than right now), I said in an earlier thread we were heading higher and that we had already bottomed this leg out http://forums.silverstackers.com/topic-29375-silver-going-30-within-6-weeks.html After the next and final correction then I really think it will be "to-da-moon" "da-moon" could be expressed as Dow to Gold 1:1, Silver to Gold 3:1, Silver to Average house (400-600):1, what ever it is it will NOT be expressed in US dollars, perhaps in Renminbi or BRICS$ but forget the CME it won't be around for "da-moon-leg-up"
What do I think? regardless of Silver's price, the dollar in your pocket today is going to be worth less tomorrow.
Spiking well into $32 territory now. However, imho it will probably stay chomping at the bit until the US elections are over.
Hi! Long-time lurker here. Just decided to register. (Clarification: I meant well into $32 USD territory)
The charts will form a head and shoulders pattern, lines of resistance, test the resistance, set new highs, then a new low that if you measure the peak of the bull run to the low of the correction and multiply that by 1.5 ......zzzzzzzzz....... result? who the heck knows!
