|2014.05.02 Silver Cycle Model|
As you can see in the previously posted charts, the silver cycle model has performed well, and continues to show lower prices over the next 6 months. I have received a lot of mail regarding the obvious question of why the silver and gold models are divergent and yet have a history of good performance for the longer term. Nothing in my "modeler's toolbox" allows me to honestly answer that question. This is what the structural models show, and like all models, they are very crude approximations of reality, or as some may argue, of unreality! Shown below is a previous model from February, 2014, also available on the blog here.
|2014.02.14 Silver Cycle Model|