We can see that since 1993, the silver in euro evolved in a canal between 4 and 5 euros(if we exclude the point in 6.5 euros, in 1998), what makes a fork of evolution of the prices of the order of 20 %. We can say that it has been 10 years since the silver stagnates in the European currency. While between 1987 and 1993 the rate of silver knew extremes between 2.5 eurosand 8 euros what makes a 300 % fork in the evolution of the prices. It should have a return of the volatility and a sharp increase in the silver there very soon:
In the first plan, we can see that the previous triangles have all reach their objectives.
The triangle n°1, which it is built during 3 years achieved its bear objective in 1 and a half year.
The triangle n°2, which it is built in 5 years has reach its bullish objective in 6 months.
The triangle n°3, which it is built in 6 years should thus affect these objectives quickly, that is in a lapse of time included between 6 in 18 months (as a precaution) in the worst of the cases.
of a long-term triangle.
The second plan, puts in evidence the construction of the second triangle in longer term. It builds itself for 17 years, the exit of this construction gives a minimum objective a doubling for rate of the silver in euro.
To sum up, I would say that the increase of the silver in Euro would not be any more to wait indeed for a long time. It is the moment to take position in Euro on the silver. If one calculation with one ounce of silver in 10 euros it is us one ounce of silver entre11 $ and $14 there.
Dr Thomas Chaize