On the 24th of July, silver had reached the target of $16.6, which I had set in June when the price was at $14.55. It finished that move way ahead of time as the time target; Now on the 2nd of September. It took the poor man’s gold only 41 bars to arrive at the destination instead of amazingly equal periods of 69 bars in AB and BC segments.
Quite often silver makes a surprise for the market as it was submissive before and now it lives in the clouds like an eagle outshining the gold.
Let’s see how you had predicted the future of silver in the poll below.
No questions, it was one of the clearest ballots on the blog. The majority with absolute dominance had chosen the success of the bullish move and were right, again! Last time one of the readers expressed his fears about those facts that the majority in the ballots predicts very well so far. Here is more fantastic proof! Maybe this is what we call the power of the Hive Mind (Collective Intelligence).