Perspective of the Price of the Ounce of Silver in Dollars

[webmaster]

Subject:Perspective of the Price of the Ounce of Silver in Dollars
By: Dr Chaize Thomas

Overview: Since the beginning of the change of tendency of the ounce of silver, the price of the silver knew two big regular waves of increase. Today, the price of the ounce of silver seems to build the third wave with the same characteristics as both of the previous ones. The objective of this technical analysis is to know the timing and the objectives of this third wave of increase of the price of the ounce of silver.

Link: http://news.silverseek.com/Dani/1182830141.php

[cg1980]

The fact that the US economy is probably entering in recession could change the target 20$-22$. As gold and silver are considered as safe haven, is it possible that the silver spot price will increase above 22$ in short term.

[JesterJay]

Beam me up, Scotty!

This is one of the MOST lame attempts at finding a hidden secret pattern in the price of silver that I have ever seen.

The price of silver will increase based on the following:
1. Rarity. There is 60 times LESS silver above ground today than 40 years ago. When the industrial users finally sense this and start to stockpile their silver inventory, BOOM! Sky's the limit.
2. Lack of reserves and investor silver in solid hands. When everyone starts to buy silver, BOOM! Sky's the limit.
3. The manipulation of the market ceases and BOOM! Sky's the limit.
Finding a nifty looking line to follow on some arbitrary chart is like finding the face of Jesus in the cheese-burn pattern of a pizza.

Give me a break!!!
JesterJay
Too much silver is not quite enough!