Article Excerpt:
“I’m focused on the better silver price, which sort of came out of left field. Thirty-eight times silver was recently beaten back on a minute by minute basis at the $28 level. Every time it went though $28 it was jammed back down. So for silver to breakout today and make a run towards $29 is significant, and very promising going forward. $29 is the major breakout and I still believe silver will hit new all-time highs before the year is out. In the meantime, on a break above $29, with enthusiasm and volume, I think that signals the end of the short-term bear market we have been experiencing for the last 16 months. That means the bear phase will have ended and a new bull move will now begin.”
