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Silver’s Shine is Back
June 2007 by Nicholas K. Geranios
As a precious metal, silver doesn’t have the allure of gold. As an investment, it’s not as hip as Google. But dowdy old silver is suddenly chic. Silver prices are at their highest in more than 25 years, and mining companies are riding an economic boom.
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Next, all of silver’s chart action since mid-2011 has taken place under a declining trend line (dotted line), which has held for more than four years. Any trendline of that duration must be taken seriously.
Next, all of silver’s chart action since mid-2011 has taken place under a declining trend line (dotted line), which has held for more than four years. Any trendline of that duration must be taken seriously.
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