The Only Guide for Benjamin franklin half dollar value chart - CSIS

I don't understand of numerous charts out there that a bullish investor given that 2011 would take a look at with more disgust than the silver chart. silver price expectations 2020 has been an extremely unpleasant experience for those bullishly likely given that 2011. In fact, silver has actually dropped 70% from its 2011 heights to its current lows, and it is still refrained from doing.

On Aug. 30, 2011, I wrote my first public column about silver, which required a market top in silver with a shorting target of 42. 90, which it needs to stay listed below 44. 30 for the disadvantage to occur. Within the same column, I supplied a downside target of 26.

On Sept. 2, 2011, silver futures reached a high of 43. 72, and then began a waterfall decline which increased as low as 26. 36 24 days later prior to a bigger countertrend rally took hold. In fact, in my remarks to this column, I noted on Sept. 3, 2011, that "we are most likely within a trading day or more of a big move," and my perspective was plainly to the drawback, as I was shorting silver at the time.

Our analysis, which even determined the level at which silver would target, was within. 44 of the bottom in fact struck. Till the early part of 2012, I viewed that region as the prospective end of the correction off the 2011 top and was searching for the start of the next bull-market phase at that time.

In early 2014, when silver was around the 22 area and financiers were getting bullish once again, I was alerting that we were setting up for a last drop in silver towards the 11-14 region. As we now know, silver traded down toward that 14 area, and we are not yet made with the correction, however in our opinion, we are most likely within months of the last low.