Silver and Dollar Charts:
– The weekly silver chart shows important lows – in 2007, another in early 2010, another in mid-2012, and another about now. They are separated by approximately 128 weeks.
– Those cycle lows are matched with important “over-sold” lows in the weekly RSI, MACD, and TDI oscillators.
Central Banking and Money Printing:
From Greg Hunter: “The G-20 met recently in Australia to make new banking rules for the next financial calamity. Financial reform advocate Ellen Brown says these new rules will allow banks to take money from depositors and pensioners globally… This makes it legal for these big 30 banks to take our money when they become insolvent.”
From Ed Steer: “No amount of money printing will do any good now — and I see nothing but very hard times ahead…I’m comforted by the fact that Alan Greenspan has gone on record that at some point in the future, the price of gold will trade ‘materially’ higher than it is now — and also by the fact that certain entities are buying massive amounts of physical silver in all forms, which will ensure that someday, silver will certainly become the new gold.”
Source Deviant Investor
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