Is The Lid Coming Off? I've learned from experience that the markets will always confound expectations. It's why i invest with a long term focus.
With a long term focus the ups and downs, in this case, of silver are shrugged off whether silver is up or down.
I'm in SCZ because its a fairly straightforward way to express my belief that silver is in a long term bull market
I can't help but observe that in the last two weeks we've swung from a trading range that seemed almost interminable, and downtrending in direction.
Now, in the asian markets on a sunday evening, silver is 27.55 and i'm left to ponder if lasts week's 'breakout' above twenty seven is 'real' and this sunday evenings action is a weak and bearing follow through to be confirmed by a slap down below 27.00 tomorrow in new york and chicago, or, if this is the beginning of the invevitable (as i see it) climb to silver at $30 and above?
We shall see. Gotta love this market.
Cheers.