Which instruments behaves like Silver? Just have a look at the 90% Correlation to Silver. If you are bullish on Silver, you have to be on GDXJ as well.
Currency in Circulation priced in Silver. The ratio of 2011 would translate into 104$ Silver in todays prices. Of course the currency in circulation will fluctuate. This is just a measure of todays ratios.
DEU40/DEPPI German DAX vs german Producerprices Good sign for commodities? Silver rocket fuel?
What does these 2 instruments have in common? Same capital flows? Or just a coincidence?
Do we make a lower low, and head higher afterwards?
lower timeframe view. do we head a little more down until we continue the move up?
Above the cloud. Above 3 + 1 Year moving average. Are we in Wave 3 and heading for 1.618 extension?
Looks like a little more room to the downside. Before we will head much higher.
there might be a little more room to the downside, before we continue with wave 2
Nearing the resolution. Could be the low. but.. It might as well retest point E (wave 4)
Target based on past behavior. 1.681 extension seems like a point of interest. This is on of several possible pricetargets.