RE: RE: One more dip for silver yet....On a macro economic level I believe Armstrong. He will evidence the extremes on a long term basis. Hos levels sre obviously not inconceivable (Gold) but I do believe Gold will see a bubble...and we have only begun, in my view.
Merv, on the other hand, is more accurate, short term, in my books. His 27.50 level would be my secondary target as posted. My first is 27.90, perhaps a bit obscure on the charts, but I discovered it over a month ago (as posted) and will stick by it for the mean time. I hope Martin is wrong, I predict Merv is correct. USA coming in under target has driven a nail in this, unless a more upbeat release can undo the poor timing and result. I am not a fundamantalist, I look at them, but pay more attention to the math. Good luck to all.
Disclosure: I still don't own this stock. ESO on the other hand......fills in the gap nicely.
GLTA and DYODD.
Thank you for the great read Bogi.