What Goes Up Must Come Down
I must still have been a bit jet lagged this morning as my ellbow accidentally pushed the wrong button deep down in the evil lair:
Ooops – sorry about that – my bad :-}
Of course rogue missiles are not the only ones pushing into the stratosphere today. If you appreciate exponential curves (or launch trajectories) here’s a juicy long term chart for you:
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Charts and commentary below for anyone donning a secret decoder ring. The rest of you guys will have to wait until tomorrow – sorry. If you are interested in becoming a Gold member then don’t waste time and sign up here. And if you are a Zero subscriber it includes access to all Gold posts, so you actually get double the bang for your buck.
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It’s funny how retail traders lead themselves to the slaughter over and over again. There’s an old saying, most likely inspired by Newton, that eventually holds true – be that in physics or in the financial markets:
What goes up, must come down.
Look at this chart and then tell me if this is a good buying opportunity for silver. Really now?
Cheers,
Mole
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