Silver

Money Law,

What is your view for gold & silver? 

Reply:

My view for gold and silver is bearish. And I have been shorting silver for the past few years and it had gave me a handsome profits. 

Last year, I have made a projection of silver target price @ 14 in my blog. 

Now is trading around this price. Whether it will go further down, nobody will know. 

Follow your chart. 

Never listen to the media. or ME.
Trade or invest based on the chart.
The chart said buy, you buy.
The chart said sell, you sell.
 
The media said BUY, you buy, prepare to say:
GOOD "BYE".

Click below for see my previous posts on silver:

http://mmltrader.blogspot.sg/search/label/Silver

20% in 3 months!! More selling is coming.

20% in 3 months!!
The long waited drop has arrived. Last night down by -3.7%.
More selling is coming.

http://mmltrader.blogspot.sg/2014/07/silver.html
http://mmlmoney.blogspot.sg/2013/01/silver-25-january-2013.html
http://mmlmoney.blogspot.sg/2013/04/gold-and-silver.html
http://mmlmoney.blogspot.sg/2013/05/gold-and-silver-invest-with-right.html
http://mmlmoney.blogspot.sg/2013/06/silver-has-drop-below-20.html

Silver

Silver only trading at 20.858 on 24 july 2014 when i posted here.

11% drop in 2 months!!

If silver break below 18 critical support, it will be a free fall from here.

Projected target if break below 18:    14

see my previous post on my silver:

http://mmlmoney.blogspot.sg/2013/01/silver-25-january-2013.html
http://mmlmoney.blogspot.sg/2013/04/gold-and-silver.html
http://mmlmoney.blogspot.sg/2013/05/gold-and-silver-invest-with-right.html
http://mmlmoney.blogspot.sg/2013/06/silver-has-drop-below-20.html

Silver

One of my favourite to do shorting, Silver.

Silver has been giving me kopi-lui for the past 3 years.

As long as it don't break the trendline, short on rebound.

 LONG TERM target $14.