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| Chart 1: Silver Price |
Friday 8 June 2012
Silver Rally Expected in Second Half of 2012
Posted on 11:44 by Unknown
The silver price is closing in on a critical wedge pattern (Chart 1). I expect the silver price to rally in the second half of this year. If you haven't bought yet, I suggest this is the right time to do so.
To add even more rumors to the silver price, on King World News, a London trader reported that there was a huge Eastern buyer of silver three weeks ago. He bought a staggering amount of silver around $US 27/ounce. So everything is pointing to higher prices.
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