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FSN: Setting The Stage

Friday, April 26, 2013 11:09
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(Before It's News)

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

from TF Metals Report

The action following yesterday’s magnificent rise is very encouraging and following script. Is the stage being set for an epic battle next week? I think so.

So what about the price action is so encouraging? As noted yesterday, the beatdown of 4/12-15 was so sharp and so severe that it left virtual “air pockets” on the charts. This means that, as price rebounds, it runs into very little in the way of technical resistance points. The rallies of yesterday were halted and reversed overnight near/at two of the few points that we were able to identify, the 20-day moving average in June gold and the one line of horizontal resistance in silver, near $24.80.

Continue Reading at TFMetalsReport.com…



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