Subject:Silver Market Update
By: Clive Maund
Overview: The silver chart should strike fear into the hearts of silver investors. There is no Ascending Triangle on the chart (from last May’s highs), as some claim, instead the pattern is looking more and more like a large Double Top, with the second peak taking the form of a Head-and-Shoulders top. Before anyone graciously goes to the trouble of enlightening the writer about the wonderful fundamentals for silver, let me say this - don’t bother, I know about them - and so does the market, that’s the trouble, they may already be fully discounted by the market.
Link: http://news.silverseek.com/CliveMaund/1179170470.php
14th May 2007, 15:21
Silver Market Update
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