Where goes the price of the ounce of silver today?
A. Bullish tendency. The price of the ounce of silver in dollars always stays in a bullish tendency, the future remains positive. B. Timing of the third wave of increase. The last wave of increase took place at the beginning of 2006, knowing that the previous two waves had a phase of construction of two years, it gives us an increase for the beginning of year 2008. III. The objectives of the next increase of the price of the ounce of silver in dollars. A. Minimum objective. The next wave of increase will have for minimum objective 20 dollars the ounce (by simple effect of pendulum in the construction of the triangle). B. Wave of powerful increase. More the phase of consolidation will be long, more it is likely that the next wave exceeds 20 dollars. To make as much as the previous increase, the ounce should reach 22 dollars and to have the same “rhythm” as the previous waves, the ounce would have to reach 30 dollars. For those who read only the conclusions: – The price of the ounce of s
