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A huge development in the silver market you haven't heard
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Wednesday, August 11, 2010
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From Gold Scents:

... What I really want to call attention to is the silver market. I think something big is brewing under the surface in silver.

Invariably silver follows gold and it usually magnifies any move, especially on the down side. So if gold drops 1%, silver can be expected to shed 2-3%. At intermediate cycle bottoms silver will almost always fall apart. Often it will slice right through key technical levels. Without fail at intermediate cycle lows silver will look broken.

During the current intermediate bottom, however, silver did something that up to this point was just unheard of...

Read full article...

More on silver:

What you need to know about buying silver today

How you can buy precious metals at a substantial discount

Top commodity analyst: Silver could surge to highest price since 1980

Topics: Silver | Precious_Metals | Commodities
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