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Silver - Spot Price

6/8/2016 -6/9/2017

Below is a series of Silver charts with the last one being the most current.

I posted this Silver chart on my Twitter feed on June 8, 2016 & soon thereafter Silver starting taking off.

Manipulation in Silver is sore spot with me as I have suffered through failed breakouts & smashed support lines since 2011.
The regulatory authorities are too timid  to enforce the law
but I think the coming shortage will make what's happened in the past meaningless.

Here is a typical "Banging the Close" that occurred on Jan 4, 2016.
I have watched it happen too often for it to be chance many times since 2011.

It is not much, but it is a small psy/op designed  to quell enthusiasm.

1/9/2017

I believe a new up leg in Silver is beginning & that it
will soon pop over the down trend line shown on this multi-year chart.

2/3/2017

Silver is in a nice up trend.

2/26/2017

This is Silver on a Weekly chart showing it is breaking out &
 a strong advance is occurring.

4/28/2017

This is Silver on a Weekly chart showing that after breaking out,
it severely pulled back, advanced over the break out line again & is now
back testing the down-sloping breakout line as well as the up trend line.

5/16/2017

Silver is clearly heading higher now.

6/9/2017

Silver is correcting now with a little help from the manipulators.

 

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