Current Silver Update, Silver Update
- Silver Market Update ($SILVER)
11/03/14 Silver finally broke down from its long-term uptrend late last week, which was a very bearish development that has opened up the risk of an immediate severe drop. As with gold, silver looks set to enter a cycle of company failure and mine closure leading to an eventual production shortfall, which, coupled with a falling dollar after its current deflation induced “swan song” rally has played out, leads in turn to sharply rising prices and a spectacular rally in the stocks of companies who have managed to survive the imminent Great Cull...
Posted at 7.10 am EST on 2nd November 14.