Wednesday, September 10, 2014

Silver Bounces at Support For the Fourth Time In 14 Months

From Jesse's Café Américain:
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgQgdMV1RiAXSPN5T6dhjhNZ4wBVIde3bFhQGup_PhIxGCnF9QJBWM1-LUcJooN9-L6eaXCxaLQINQi3g1-fm1I-gNAJJRlLNHzS-3AKdH_2Ez4oJPNOHk7iNyUV0M6YMW-6rhmYdDS4Rk/s1600/silverweekly7.PNG
Silver settled at $18.92 on Wednesday.
Recently:
Sept. 5
An Argument For $13 Silver and $1100 Gold
Sept. 2
Gold: "There's something wrong with our bloody ships today, Chatfield"
...The easier call has been silver:
Aug. 15
Lines on Charts: Silver Is Poised To Break Lower
$19.530 down 0.376
Aug. 19 
Sell Silver
$19.400 last, down 23.5cents

$19.19 last.
More downside to come.  
Aug. 22
CME Group Lowers Margins For Gold, Silver, PGMs, Copper