Where are we and/or where could we be going
Patience is a virtue Although forecasts may never be accurate, we can only provided guidelines, because there simply are no guarrentees however we do see the effects and trends into real assetts such as Real-estate art gardening food commodities and precious Metals.
Yet if you think "hey I going to park or invest into this asset expecting it to protect save and make money in a short period of time" you may be in a unsatisfactory painful situation
yet If you can afford to and most importantly patience for what you invest in the in and throughout time you will grow peace of mind which is wisest & most valuable
here is a picture of where we could currently be yet take note take off is stretched into 2016 from where we are today (compared charts below from the 1970's and today) Do you see the pattern? The $ amount has change but not the pattern ;)
The longer and deeper the down trend - the opposite is also true.
GnS+Research
Silver Prices: 2008 – 2014
•Silver moved upward from about $8.53 in October 2008, rallied to over $48 in April 2011, and fell slightly below $19 in September 2014.
•The April 2011 peak took about 2.5 years and ended at about 5.7 times its starting point.
•The correction into the September 2014 low has taken about 3.4 years and declined about 61% from its peak.
•The April 2011 peak took about 2.5 years and ended at about 5.7 times its starting point.
•The correction into the September 2014 low has taken about 3.4 years and declined about 61% from its peak.
Do you see the similarities? I have placed sentiment labels on both graphs.
Silver Prices: 1972 – 1979
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