On today's show we discuss a Silver Forecast made by Page Trader in May of 2001.
- Approximately 20 years ago, the silver market was cornered by the Hunt brothers. Corners are not random events. A successful corner occurs only after the expiration of critical time/price cycles.
- There are 2 important prices in silver connected with both the 20th year, and the year 2001; these are 4.24, and more importantly, 3.86 per ounce.
- Silver declined to 4.27 in March and April 2001 (monthly chart), within 3 cents of 4.24.
"Nice Call David!"