09.02.2015 - Will Silver Prices Hit New Lows In 2015?
There’s been quite a bit of volatility with Silver prices. After a nice rally into early 2015, the past 2 weeks has ushered in some price weakness. And this begs the question: Do lower prices loom for Silver in 2015? Back in August 2014, I wrote an article projecting lower Silver prices. In that post, I used my custom Fibonacci method to calculate probable Silver price targets over the short and long term. The short-term targets were both hit and closed. It’s the longer term target that deserves our attention here. My projected target was 14.095. A nice call, considering that Silver futures were trading at 19.395. That represented a pullback of 27.3 percent and seemed somewhat of a stretch. But was it a stretch? Not so much...............................................Full Article: Source
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