Question: What do May 2004, January 2005, August 2005, June 2006, October 2008, February 2010, September 2011, December 2011, June 2012, andDecember 2012 have in common?
Answer: They represented significant price lows in silver, AND those lows were confirmed by the weekly stochastic (14,3,3) indicator and the weekly TDI Trade Signal Line (13,5) as shown in the following chart of silver prices since 2004. Approximately once per year the weekly stochastic and weekly TDI indicators have given a “buy-signal” in the silver market.
The ten year chart of silver prices is plotted on a logarithmic scale and shows a highly volatile exponential increase in prices over that ten year period. Note the higher trend line extends to approximately $100 by the end of 2013.
Click here for more on the BIG PICTURE in silver:
By Jim Willie
The Competing Currency War threatens to disrupt international relations
The year 2013 will be the year when the USDollar is isolated and set up for rejection
A return to the Gold Standard is in the works. The key to the solution is a USDollar alternative, actually trade settlement outside the USD
A Gold Trade Note is coming, the basis of Eastern trade, serving as a Letter of Credit
THE CURRENCY WAR HAS REACHED A HIGH FEVER PITCH
Watch for a G-20 Meeting flash point, especially if the US & UK boycott the conference in Moscow beware the requiem for the US nation.