Silver's price has been very healthy during this rally - Instead of correcting to the downside, the price has only traded slightly lower - The light declines have come on dropping volume - The up days this week came on excellent volume - I'm now looking for the $42-44 target area to be acquired - the move to that price zone will be accompanied - by even greater volume -
Silver Bullish Falling Wedge Chart -
Some bullion dealers have been reporting for months that as much money is going into physical silver as into physical gold - With a current gold/silver ratio of 51, about 51 times more physical silver is being purchased than physical gold -
Silver can be volatile, yet I continue to see silver as an outstanding long term investment - USSIF share price gains has out performmed the physical silver gains in the past - the history often repeat itself - The wedge pattern suggests that silver will now make its way back to the highs near $50 - Ag to GO Much HIGHER - Hold on to the hat Alice - to the moon soon -
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