Is there hope???
Buy Silver Before November 6
By Christian A. DeHaemer | Tuesday, October 30th, 2012
Here is your five-year silver ETF (NYSE: SLV).
Each candlestick represents a month.
You can see where silver went on a rip-roaring tear from $20 to $50 two years ago...
Since that high-volume, blow-off top in the spring of 2011, silver has slowly but surely lost value.
Here at Wealth Daily, we stayed out of silver until late August 2012 when it met its five-year uptrend line and broke out of its shorter-term downtrend range.
I expect the price of silver will bounce along that uptrend in a similar way to the action we saw from 2008 through 2010.
Your goal should be to buy when it hits that line.
If you are a trader, you would buy the trend line and sell three months later, repeating the same pattern.
Advertisement
Silver is Going to $100
Legendary asset manager Eric Sprott said this will be the "decade of silver" during which silver will hit $100..........