This week, probably Monday & or Tues. should be the last time Silver will ever trade below 17. I expect a shallow pullback to around 16.85 that will serve as the last great, low risk entry point. BUY! Chartsmaster
"Sell in May and go away" season is here again.....expecting Silver to drop at least 75 cents between now and the 4th of July; $17 looks like a gift by Labor Day.
chartsmaster
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@Spokoze, Sell In May refers to the stock market. Not only won't silver be down by July 4th, it will be near 20! by then. Chartsmaster
Spokoze
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@chartsmaster, Not sure I was clear...by Labor Day peeps gonna wish the would have bought Silver at $17.....
chartsmaster
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@Spokoze, Now I have no idea what you were saying? Your comment on my post was silver would drop by .75 before July 4th. Now you are saying it will be higher by Labor Day? Could you specifically state what your position is or are you trying to have it both ways? If your point was that you disagreed with me about the short term but agreed with the long term bullish case why didn't you just say that? As I said yesterday we are already seeing the pullback that I predicted yesterday but it won't go much lower than 16.75-80, if that, and will be much higher by July 4th and even higher by Labor Day. Chartsmaster