Well folks, silver has had a crazy, wild, unbelievable day. It started out heading North in the fast lane as it sped up to $49.75. Then it found some considerable resistance, pulled a
U 'y and fell 8 % to 45.80 then settled in around the 46.40 level. Wow! Now that's a day! I think a sideways correction is likely somewhere in the neighbourhood of $45-$48 over the next few days. Although this is little more then a guess as this market could jump higher hurdling over the $50 level which would make the sell off a "failed move" as my buddy Derek over at thesilverlog.blogspot.com likes to say. This would no doubt create a massive move to the upside which would see silver have more impressive gains. Either way the market long term is headed higher and if we get a correction either through price or time, you should welcome it with open arms, and a wallet full of Fiat Trash!
Muahahahaha,
Long Live Silver!!!!!!!!
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