wpe50.jpg (1913 bytes)     TigerSoft News Service    9/29/2010

 
  SILVER's 28 YEAR BREAKOUT SHINES BRIGHT

                by William Schmidt, Ph.D. of www.tigersoft.com
           Use TigerSoft To Track Key Insider Buying and Selling in All Your Stocks
        www.tigersoft.com   PO Box 9491 - San Diego, CA 92169 -  858-273-5900 -    william_schmidt @hotmail.com  
wpe1A5.jpg (10883 bytes)
                     SILVER'S LONG BOTTOMING PROCESS SINCE 1980
                                SEEMS TO HAVE ENDED.
silvhist.bmp (632278 bytes)
THIS PAST YEAR's WEEKLY CHARTS OF GOLD (GO1610) and SILVER (SV1610)
              SHOW UPSIDE BREAKOUTS ON THE RECOVERY THAT WERE
                      CONFIRMED BY HIGH (BLUE ACCUMULATION)

                 The levels of Accumulation were higher in the period
                 1975-1980 before the big advances then.  But they are
                  still very high when looking at a TigerSoft weekly chart.

                         AS OFTEN HAPPENED GOLD "LED" SILVER
                  In September 2009, Gold moved into all-time high
                  territory.   Silver's breakout past 21 is only now
                  occurring.
GO1620.BMP (1029654 bytes)
SV1620.BMP (1036854 bytes)
   
         In many ways, the breakouts are similat to what happened in late 1970's.
    Notice the high levels of (Blue) Accumulation.  This shows the stocks
    were being bought by insiders and professionals for big gains, not
    briefer trading moves.

                                        GOLD 1976-1980
GO162080.BMP (1080054 bytes)
                                        SILVER 197-1980 
SV80.BMP (1063254 bytes)