MarketIntel

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COMEX:SI1!   Silverterminer
Except for Robert Kiyosaki, the writer of “Rich Dad Poor Dad”, only a few others seem to talk about silver. However, we might be facing a nice run over the coming days from this metal. We are increasingly confident that it is now leaving the mark of $25.12 behind and moving up to tackle $28.10. This is an important hurdle in our calculation that silver needs to take. After that, and just shy of reaching $29, we expect the price to drop for quite some time – even past $25.12, $24.04, and $23.63. Alternatively, we give a potential breakout over $29 a chance of 35% if silver happens to catch too much fire on its way up.

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