AI
Chris
Here's that chart on silver that I was going to send to you the other day. You'll notice the higher lows and lower highs forming a big wedge which is coiling and will break soon I think. The question is will it be up or down and it's just my opinion that it will be up following the major trend plus fundamentals regarding the supply deficit of the commodity.
Volatility showing again today in the POG. What a week, with the options expiring and now month end when the fund managers are pumping up the major markets to try and show their statements in a better light. Not sure what to expect next week, but be careful as there is a G8 meeting on Wednesday and POG doesn't generally do well following on the heels of the G8 meetings. Not that I'm a conspiracy nut <GGG> but they seem to have a whack at it every time they meet.
Here's that chart on silver that I was going to send to you the other day. You'll notice the higher lows and lower highs forming a big wedge which is coiling and will break soon I think. The question is will it be up or down and it's just my opinion that it will be up following the major trend plus fundamentals regarding the supply deficit of the commodity.
Volatility showing again today in the POG. What a week, with the options expiring and now month end when the fund managers are pumping up the major markets to try and show their statements in a better light. Not sure what to expect next week, but be careful as there is a G8 meeting on Wednesday and POG doesn't generally do well following on the heels of the G8 meetings. Not that I'm a conspiracy nut <GGG> but they seem to have a whack at it every time they meet.
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