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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Monday, 11 July 2011

SLV

I still think this chart looks vulnerable to another sell-off but I note Robin Griffiths on King news recently was saying it was time to start buying silver again.From my pov it needs to regain the declining 2x1 for me to turn bullish

Posted by at

4 comments:

  1. lix11 July 2011 at 17:21

    good call. How far down do you think slv will go?

    ReplyDelete
  2. Chartrambler11 July 2011 at 17:26

    thks---IF it declines (I do respect Robin,having known him a long time !) 28-21 seems a good target area.However time is more imprtant than price and a 3 month decline would harmonise with 6 months from the low

    ReplyDelete
  3. Chartrambler11 July 2011 at 17:27

    28-31 I meant

    ReplyDelete
  4. lix12 July 2011 at 05:31

    thanks! Appreciate the charts.

    ReplyDelete

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