Since the time tested investment adage always holds true, 'Past performance is no guaranty of future results' applies, the chart looks spot on today. Or not. Anybody care to play darts?
Our specialists use mathematical and statistical methods of prediction based on the existing historical data. They take into account the following factors with varying degrees of importance: cyclic recurrence, knowing correlation of market indicators, changes in the availability and attractiveness of the instrument for speculators, electronic and algorithmic trading growth, regulatory intervention degree and frequency of significant events over time.
Clearly they are bearish on silver...that would jibe with my bearish gold forecasters. I would BUY gold and/or silver if these near-term weaknesses materialize. In fact, I've told a few Inheritance Winners I am advising who were all gung-ho to buy at $5,500 a few months ago to pounce NOW.
Well, kudos to them for putting something out there on the record, so we can check how it's panned out a month down the road.
…And, the price fluctuates during the day. A better pair of metrics is 1) the high price reached that day and 2) the close price at the bell. A single index would be good but applying tracking to multiple indexes would be better. You’d want to be getting paid for doing this because it would turn into a full time job.
