Monday, 12 March 2012

SLW


2 comments:

  1. HELLO C R ;

    A NICE CHART ON A MAJOR SILVER MINER .

    I LOOK AT THE START OF THE CHART AND SEE 5 WAVES UP TO THE RECENT TOP WITH NOW THE PULL BACK BEING UNFOLDING IN NOT ONLY THAT CHART BUT IN THE VARIOUS OTHER PRECIOUS METALS CHARTS .

    I LOOK AT SLW , THAT IT HAS YET TO FINISH IT'S DOWN SIDE MOVEMENT AND THE POSSIBLE LOW OF THE $20 AREA BEING THE FINAL LOW .

    THE DOLLAR APPEARS THAT IT WILL NOW MOVE HIGHER WITH THE PRESUMPTION OF CONTINUING WEAKNESS IN EUROPEAN NATIONS , WITH THE EURO BECOMING WEAKEN .

    THAT WOULD FORCE PRECIOUS METALS IN THE SHORT TERM TO WEAKEN AS THE U.S. DOLLAR BECOMES STRONGER . I AM LOOKING FOR MID $20'S ON SILVER AND $1475 TO $1525 ON GOLD AS A BASE OF LOWER SUPPORT , WITH THE U.S. DOLLAR MOVING TO THE 87 TO 88 LEVEL , WITH LATER A FUTURE MOVE TO THE 95 TO 100 LEVEL .

    AN UP TICK IN INTEREST RATE'S HERE , IRREGARDLESS OF THE FED RESERVE , WITH THERE FALSE ECONOMIC PHILOSOPHY .

    THANK YOU FOR YOUR INFORMATIVE CHARTS AND INTELLIGENT COMMENTS . FOR THE OTHERS WHO HAVE COME TO VISIT AND LEAVE THEIR OPINIONS PRO OR CON ON THE AFFAIRS OF THIS AND OTHER NATIONS .

    I VERY SELDOM VISIT THE FORMER ( D SITE ), AS THE ONES I RESPECTED ARE HERE AT TIMES TO MAKE A COMMENT , WITH YOURSELF .

    HAVE WONDERFUL THOUGHT'S, ONE AND ALL. D-KNOX.

    ReplyDelete
  2. Yes I'm not saying now is the optimal time to buy SLW just that its one to monitor very closely for a buying oppurtunity given how nice that long-term chart looks
    Best to you

    ReplyDelete