Silver Price Forecast: Long-term Silver Chart Analysis Indicates Why Silver Is Likely To Pass $150

April 18, 2012 - PRLog -- Silver Forecast: Long-term Silver Chart Analysis Indicates Why Silver Is Most likely To Pass $150. I'd prefer to point out some fascinating signals on the long-term chart for silver. There was a substantial peak in the Dow (1973 and 2007) in between point 1 and 2 of each fractals. Each peaks in the Dow came about 7 years following the peak in the Dow/Gold ratio. Following point 2, on each fractals, the oil price produced a substantial peak (1974 and 2008), about 8 years following the peak in the Dow/Gold ratio. CLICK HERE to Check out Silver Dollar Values Silver Prices now! http://www.silver-dollar-values.com has all of the details for intelligent silver and gold investing choices.

Due to this similarity in events, as well as the similarity in sequence, I was in a position to determine the fantastic possibility for considerably greater silver prices, back in October of 2010. This was a very clear signal that greater silver prices had been coming, and that's precisely what we got, when silver moved to $49. Nevertheless, this run isn't over but. The move from $17, when silver broke out of the triangle (at point 3 of the second fractal) to $49 was just the first component of the move. In my opinion, the greatest and best component of this move is nonetheless ahead. In numerous prior articles on silver, I have presented a lot of evidence to support my opinion for greater silver prices over the coming years.

According to the fractals on the chart, we could nonetheless have about two years prior to we could get a leading like we had in 1980. That's 14 years following the Dow/Gold ratio leading (starting of 1966 to the starting of1980 vs. the finish of 1999 to the finish 2013). CLICK HERE to check out Silver Dollar Values Silver Prices now! http://silver-dollar-values.net has all of the details for an intelligent investing choice.

From a price point of view, there's also an indication that this move isn't over but. When the two patterns indicated continue their similarity, it could be affordable to anticipate the final leading of the present pattern to greater than $150. Why? In the event you measure the price movement from point 1 to point 2, in the first pattern, and evaluate it to the price movement from point 4 to 5, in the first pattern, you'll find that the movement from point 4 to 5 is a minimum of 7.6 occasions bigger.

Presently, the movement from 4 to the $49 in April of 2011 is only about 1.65 occasions bigger than the movement from point 1 to 2. If it follows the first pattern, and grows a minimum of 7.6 occasions higher, it'll comfortably pass $150. This day is a superb time to purchase silver prior to the silver price rises considerably soon. CLICK HERE to Check out Silver Dollar Values Silver Prices now! http://silver-dollar-values.com has all of the details for intelligent silver and gold investing choices.

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