by Gary Christenson, Deviant Investor:
Silver prices are rising along the bottom of a 20 year log scale trend channel (shown later). There are no guarantees in a manipulated paper market, such as COMEX silver, but it is possible that silver prices will collapse further, or more likely, move substantially higher, sooner rather than later.
Silver prices COULD fall from their current level of $16 – $17 to under $10. Other events that COULD occur include:
You could win the Powerball Lottery.
The U.S. congress could balance the budget and reduce debt.
The Federal Reserve could apologize for destroying the dollar.
President Putin and Hillary could sing “Kumbaya” together.
The Middle-East could ascend into a century of peace.
And it is possible that silver prices could drop under $10.