silver showing some signs of life lately as it approaches 15 dollars an ounce again. I've seen so many promising 1-2-3 bottom formations over the past years though, each one looking like the beginning of a bull market, only to see the poor horny bastard get slaughtered right out of the pen.

there has to come a time when the pressure builds up so high that none of the usual suspects will be able to keep their thumb over the vent hole any more. at that point the hyperbolic curve that showed itself in '05, '07, and last in '09-'10, could drive the price up into the hundreds in a few short months. but I've been disappointed too many times already to have much hope that this is the time.

Back to blog or home page

last updated 2016-02-06 02:59:01. served from tektonic.jcomeau.com