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Silver Near-Crash

PostPosted: Sat May 14, 2011 1:11 pm
by Country
Interesting analysis about the SILVER parabolic spikes since 2003.

http://www.kitco.com/ind/hamilton/may132011.html

Re: Silver Near-Crash

PostPosted: Sat May 14, 2011 5:26 pm
by Sheikh_yer_Bu'Tay
Country wrote:Interesting analysis about the SILVER parabolic spikes since 2003.

http://www.kitco.com/ind/hamilton/may132011.html


There are three spikes on the chart that are very interesting. The author has them labeled as 1, 2, and 3.

If you will print Kitco's 10 yr. silver price chart out, then draw a straight line from peaks 1, 2, and 3, you will see they are in a straight line going up at an angle greater than a 45 degrees to the horizontal plane. In addition to this they are timed out approximately 24 months apart.

What does this mean?? For me, this is a sure sign of manipulation. How did these peaks form in such a perfect algebraic growth pattern without human interference?

Continue this price line on out to the end of the sheet. Any price above this line of growth is unstable. This price line is the "stop buying" marker. You can reasonably predict a correction by it. It didn't happen this time because of the little guys buying up silver. The big boys had to get big brother to interfere, so as to bring the price back down to suit their needs.

Just my opinion.

Re: Silver Near-Crash

PostPosted: Sun May 15, 2011 3:36 pm
by rickygee
Knew a farmer that had a lot of algaebraic growth on some of his farm ponds/stock tanks. The county extension agent helped him minipulate an amazing downturn in growth with no human interference, they just sprayed some chemicals on it. :lol: :lol: OK. I'm going to get another brewski!

Re: Silver Near-Crash

PostPosted: Sun May 15, 2011 6:12 pm
by Sheikh_yer_Bu'Tay
rickygee wrote:Knew a farmer that had a lot of algaebraic growth on some of his farm ponds/stock tanks. The county extension agent helped him minipulate an amazing downturn in growth with no human interference, they just sprayed some chemicals on it. :lol: :lol: OK. I'm going to get another brewski!


:lol: