Saturday, April 23, 2011


Here is a fantastic Silver chart from Carl Swenlin of Decision

Here is the link:Silver Still Soaring

Clearly, silver has had a fantastic rally, and could possibly rise still further as speculators rush in. The Bullish Bear Blog has been bullish on Silver ever since the inception of the blog.

However, the almost vertical rise prices makes me wary of a sudden selloff ! Buying in at this stage is ''HIGHLY RISKY''.

For those already long the white metal, I think it's time to start booking profit in stages and sticking to stop losses, to lock in profits.

Wait for a pull back to invest, and yes it's time to take some chips off the table for now.

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