Saturday, July 12, 2014

Silver - Cycle Update - Large Decline Due

The Silver bear market is likely to resume with the next leg lower due in the Cycle.  A steep plunge is shown in the Cycle down to the green arrow.

Targets are $13 for Silver and Gold under $1,000 at the next green arrow low.  Ultimately, the bear market Cycle target remains at $6.50 and another 3-4 years lower.   

2day Chart

Silver Bear Market Cycle: