‘silver’ Archive

Nasdaq to follow Silver and decline 30%+?

silverndxdoubletop years apart feb 8

CLICK ON CHART TO ENLARGE

When assets reach prior highs, its time to pay attention from a Risk On & Risk Off basis.

The chart on the left is Silver, going back to the mid 1970’s. As you can see it reached $50 in the early 1980’s and then quickly reversed, losing over 90% of …

Gold/Silver attempting to break 3-year falling resistance

It’s been a rough 3-years for the metals space.

“THE” worst 3-years in history for Gold and the 3rd worst 3-year performance in history, for Silver (see table below). The Power of the Pattern shared in 2011, that metals should be down for years to come. (See post here)  

Is the trend about to turn …

Gold testing multi-year breakout level!

In the summer of the 2011, a rare set up was in place in the Gold and Swiss Franc markets. At the time the Power of the Pattern shared that Gold should be “Down for years to come.” See why we shared this near all-time highs in gold (HERE)

Since that post, the metals complex …