2019.03.01 Silver Cycle Model Chart

2019.03.01 Silver Cycle Model Chart

The silver cycle model shows a local maximum for silver prices has been reached as of the beginning of March, 2019. Prices are predicted to remain in a fairly tight range until July, 2019. Overall, model performance has been adequate, and a previous run of the model is shown below and here on the blog.

2019.01.29 Silver cycle Model Chart

2019.03.01 XOI.X Cycle Model Chart

2019.03.01 XOI.X Cycle Model Chart

The cycle model continues to suggest higher levels for the index going forwards.  There remains the possibility of a right phase shift, but the probability of much lower prices for the index is quite small, if the model is valid, of course!  A previous run of the model is shown below and here on the blog.  The medium term model is still on Buy as shown here.

2019.01.11 XOIX.X Cycle Model Chart