Tuesday, June 15, 2010

Silver to $32 an ounce

Here is a short video on a Fibonacci tool used on a chart of the World Silver index.  Based on the low in early 2000's and the high in 2008, the Fibonacci algorithm suggests that the next high will be at $32 an ounce.  When will it happen?  If I had to take a guess, it would be in late 2011 or 2012.

Leave me a comment on your thoughts.

No comments:

Post a Comment