This chart is just confirming my gut feeling that we are on a verge of another leg up. I do not believe we will end up with another 12-18 month consolidation period like we experienced every other crash in the past 10 years. We do have a few more hurdles to deal with like the Euro crisis, debt ceiling, FOREX gold and silver deadline, and the Elite can pull any number of tricks out of their bag still. For those of you buying physical silver on a consistent basis, this week could be the best time of year to make some purchases. Couple this with the nose dive in physical CRIMEX registered inventory and I am ready to get this party started again. As always, do not use leverage and always take physical delivery.
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