Silver, A Rounding Bottom?

As things evolve, the price for silver to take off like a rocket could take a while. I love silver, for whatever reason silver is just the best thing ever... even better than gold for some strange reason.

The chart below says it all, even though the low has been made, a rounding bottom could make silver take a little longer than most would like to hear.

The bright side....... What if you would have bought an ounce every month since the early 90's. During the 90's silver was dirt cheap.

I remember in the late 90's........ "no need for precious metals" ........the soothsayers would say. Things have changed ....... they'd say.

The more times change, the more things are always the same.

Do this now........ right now.

Go read some newspaper articles from the early 20th century.

Then read "Reminiscences of a Stock Operator" it's all over the internet, free PDF. Read it.

It's always the same thing, over and over and over again.

Look at some charts in the book Robert D. Edwards and John Magee........... Technical Analysis of Stock Trends.

The charts look exactly the same as 100 years ago as they do today.

The people are different, the stories are different......

But the emotions and psychology of the masses never change.

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