I have a question for silver bulls, does not the now straight up vertical and ultimately unsustainable phase silver is now in, looking at a monthly chart, concern you? Any parabolic move like this I have ever seen in my 30 years of following the markets has always ended very, very badly - does anyone really think it's "going to be different" this time? Just askin
Senor
I would not be surprised if silver comes down to $20-25 after this rally is complete.
But, is the rally complete? No, I don't believe so. Until one thinks the rally is complete, it doesn't make sense to sell unless you're trying a scale out strategy.
Now this is grande importante when we talk about peoples differing styles and perspective!!!!! To Senor, if I thought silver could or would decline to 20-25 I cannot conceive of not selling and getting out. Silver at 25 is a 43% decline from here! Senor would never consider holding through that.
Senor