With silver and gold about to roll....We need Mr. Zhang,the 43-101 and the 'plan'.
'plan'.
In addition to what we can see on the silver chart, there are other synchronistic circumstantial factors that are creating an environment supportive of a new uptrend in silver, which have been discussed in the parallel Gold Market update. Briefly these are the fact that gold appears to have completed a 3-wave zig zag correction, copper and oil have picked up recently suggesting an improving outlook for commodities generally, and the Canadian CDNX index, which is the best barometer of gold and silver juniors, has been firming up nicely and is close to breaking out upside from a Head-and-Shoulders bottom, a development that is expected to lead to vigorous appreciation in quality junior mining stock prices.