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« Silver Price Forecast 2014: Silver’s Ultimate Rally When Paper Assets Collapse | Main | Euro falls on ECB comments; global stocks dip after U.S. data »
Thursday
Apr102014

Shocking Charts Show Silver Set For A Staggering $70 Surge

 

Today KWN is putting out a special piece which has some absolutely outstanding silver charts that were sent to us by David P. out of Europe.  These are charts that the big bullion banks follow closely in the gold and silver markets, as well as big money and savvy professionals.  David lays out the roadmap for a stunning advance in the price of silver, and also reveals some fascinating points about this bull market in silver.

Below are the fascinating charts sent to us by David P. out of Europe, along with the roadmap to $100 silver.

Since the high in 2011, silver has gone through a major correction.  Silver is roughly 60% off the 2011 high.  This may sound extreme but for silver this decline is just a normal move in its bull market.  The first big decline was from $8.40 to $5.40 back in 2004 -- that represented a 35% plunge.  The next major pullback took place in 2008, when silver collapsed from $21 to $8.40 -- this, like the recent decline, represented a 60% plunge in price....


To continue reading the KWN piece please click here

 

The miners have started 2014 very well indeed on the back of rising gold prices, so the question is; is this the real deal or another head fake? Is the bottom really in? Could there be a final capitulation just ahead of us? Will the summer doldrums take the PMs lower?

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