Kontent News

My take on the commodity supercycle zeitgeist...and the rise of the precious metals, uranium and alternate energy. Get ready for peak everything, the repricing of the planet and "black swans" all over the place..

Tuesday, April 25, 2006

"Comex Silver: the Irreversible Damage Last Week" by Paul Skarp 04/24/2006

Financial Sense "Comex Silver: the Irreversible Damage Last Week" by Paul Skarp 04/24/2006: "I’m going to go out on a limb here, I’m looking for silver prices to hit the uppermost Fibonacci target during the next period of bullish seasonals. This period starts in September and runs through early-middle February. Personally, I’m looking for silver prices to be between $25-$27 an ounce during February of 2007. Considering that summer is just around the corner this forecast also adheres to the old Comex wisdom of exit around Memorial Day come back after Labor Day."

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