
OPPORTUNITIES AND PERILS – ALL PRUDENT INVESTORS NEED TO PAY ATTENTION TO PRICE ACTION IN SILVER
By Nigam Arora

To gain an edge, this is what you need to know today.
Silver Foretells
Please click here for a chart of silver futures (SI_F).
Note the following:
- The chart shows the parabolic move in silver from $65 to $82.67.
- The chart shows a likely short term blow-off top yesterday evening. Only time will confirm if it is a blow-off top in the short term. Here were the triggers that came along on Sunday evening for a potential short term blow-off top:
- China is restricting the export of refined silver starting January 1. China is a net importer of raw silver but a big exporter of refined silver.