Hi Everyone, Dean here,
Thanks for joining me again.
With the support and resistance trading window on Silver narrowing into a wedge formation over the last few weeks, the pullback that we expected and experienced in May seems all but complete.
Where do we go from here? Some commentators and experts seem to think that the usual summer trading will ensue however, I don't think this will be the case. Why? this is no ordinary summer. There are just too many variables left incomplete. The debt ceiling and the uncertainty in the Eurozone to mention just two. James Turk has suggested that the recent consolidation is basically a launching pad for Gold and Silver to launch like a rocket over the summer. I totally agree with him.
Take your positions and lock in your price around $33 to $35 while you can and hang on... Next stop is about $40 for Silver and $1600 for Gold.
enjoy
Dean





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