Saturday, November 5, 2011

Silvers Parabolic Years

Since the bull market started in precious metals, the Silver market has had 4 'parabolic' years in which the price appreciated sharply followed by sharp declines. 2004, 2006, 2008 and 2011.  The pattern for 2004 and 2006 are very similar and 2011 looks like it is following this pattern.

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