Silver Recent Price Drop is Just a Storm in a Teacup

(Before It's News)

http://newsdoors.blogspot.com/2012/12/silver-recent-price-drop-is-just-storm.html

Silver Recent Price Drop is Just a Storm in a Teacup

Many silver longs were upset by the rather sharp drop over the past week or so, but as we will now see, this drop looks like a ‘storm in a teacup’ on longer-term charts.

On its 12-year chart, which goes back to the start of the bullmarket, we can see that the top boundary of the uptrend from 2004 is defined by the line drawn across 4 important peaks, and it is from this line that the parallel supporting trendline beneath is derived.

http://newsdoors.blogspot.com/2012/12/silver-recent-price-drop-is-just-storm.html

• Buying & Selling Silver: Silver For The People
• Gold to $1650, Silver Reaches $29 Handle As Week-Long Post QE4 Raid Continues
• Silver To Gain 29% in 2013 – Analysts, Traders and Investors
• Battle Metals vs. Miners: Silver Edition 2012
• RAID! Silver Smashed to $31.50, Reaches Glitch Target of $31.80
• US Mint Sold Out of Silver Eagle Bullion Coins Until January 7, 2013
• Silver’s Young Upleg
• Why Silver May Be Heading for $40.00
• Silver surplus – what silver surplus?
• Do Silver Refineries have enough Silver Inventory? How would You Know?