Silver - Still 30% downside to reach no brainer buy

Since April 2011, Silver went down in wave of 50% followed by periods of 1-year consolidation.

The final target may be 30% lower.

Not guaranteed it goes to target but bottom fishers have to factor 10.80ish as potential target.

I am not sure if the Swiss referendum on gold will have an impact on Gold but the trading Friday is not telling a good story