|2018.01.11 Silver Cycle Model Chart|
This is the same model, and I thought it might not converge since it took more iterations than average, but it clearly shows, if it is correct, that the price has reached a local maximum at the beginning of this year. Going forward, we should expect to see lower silver prices. As can happen with these kinds of models, the local maximum may have been predicted relatively well in time, however the magnitude was much lower than expected.
For anyone who has purchased a silver model since 2017.01.01, please contact me via the secure portal on the site, and I will be happy to send you a new version of the long term predictions at no cost.
The previous iteration can be found here and below.
|2017.10.20 Silver Cycle Model Chart|