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Thursday, May 17th, 2012 - The Gold Economy - Bringing you trusted gold news and gold investing information since 2006

Archive for the 'Silver' Category

Downside Targets for Silver

Silver is in a structural bull market and will see significantly higher prices in the coming years. However, now is not the time to be buying. The market has spiked and a retracement is coming. Sentimentrader.com’s public opinion as of last week was over 90% bulls. The daily sentiment index as of last week was 96% bulls. A correction is coming. We have two charts to help decipher a potential bottom.
Here is our first chart:



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