Silver bullets and silver linings…

Posted on Jun 25, 2011 by in Letters

Looking at the silver chart against the gold chart several technical features immediately manifest themselves. The long term trendline which still holds out hope (uh-oh. Hope is the thing with wings which has ruined more portfolios than CDOs.) in the gold is broken in silver. So is the short term trendline -- and bad things have already happened.

This is only a preview. You must be a subscriber to access the full text of this letter.


 
Username
Password
 

 
Choose a Username*
   
Email *
   
First Name *
Last Name *
   
 
  * Required

Tags: ,

Comments

You must be a subscriber to view and submit comments on this post.