24.05.2011 - Where now for gold & silver?
Well, that was fun wasn’t it, gang? A huge drop in silver from $49.75 to the $32 ranges after eight months of rallying from $19 to near $50. A 150% gain in silver in eight Fibonacci months, sounds like a pretty overbought situation. Gold in the same time frame lagged badly, but all of that was predicted by me late last August due to the consolidating “B wave” in silver that was preceding what I felt would be a “massive rally” in the metal..............................................Full Article: Source
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