The Silver Chart Predicting $200 Silver by 2018: Silver’s Parabolic Up-trend Channel Suggests Massive Silver Move is Imminent

silver parabolicToday’s chart of the day examines silver’s 12 year logarithmic parabolic up-trend chart that began in 2001. 
Silver is just now approaching it’s parabolic up-trend line for the first time since 2009, and only 2nd time since 2002.
The last time silver touched its parabolic uptrend line the metal rose from 8 to $50 in 3 yearsThe only other time since 2002 that silver touched it’s vertical up-trend line was in 2003, after which silver went on a tear from $3.50/oz to $21.35/oz over the next 5 years.

Silver is now approaching it’s vertical uptrend line near $32.  Should the same percentage gain be repeated as the prior two occurrences, silver would need to rise to over $200/oz by 2016-2018 [Read more...]

David Morgan: “The Best is in the Last Leg of a Bull Run”

In this interview with the Ellis Martin Report, Silver guru David Morgan discusses what investors can expect to see in silver during the parabolic blow-off top mania phase coming in the final leg of the secular bull when the general public finally board the silver train.

Full interview below:

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