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<p>[QUOTE="InfleXion, post: 1272360, member: 29012"]$5 daily silver moves are here. This has been cited as a prerequisite by many people as needing to happen before the next echelon. Can it go back down to $26 or even lower? Sure. However, the precedent for serious moves has been made. Silver has shown us how fast it can move, so there's no reason to think it can only move like that in one direction.</p><p><br /></p><p>Even if it doesn't maintain it's parabolic rise, as long as it maintains a steady upward trend it's still in a bull market. Even at $30 silver is still on a steeper upward trend than it was prior to June 2010. It would need to drop below $25/oz and to break the upward trend prior to that time.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1272360, member: 29012"]$5 daily silver moves are here. This has been cited as a prerequisite by many people as needing to happen before the next echelon. Can it go back down to $26 or even lower? Sure. However, the precedent for serious moves has been made. Silver has shown us how fast it can move, so there's no reason to think it can only move like that in one direction. Even if it doesn't maintain it's parabolic rise, as long as it maintains a steady upward trend it's still in a bull market. Even at $30 silver is still on a steeper upward trend than it was prior to June 2010. It would need to drop below $25/oz and to break the upward trend prior to that time.[/QUOTE]
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