ACCORDING TO THE GRAPH ONE, THIS IS SILVER PRICE CHART LONG TERM BACK TO THE FOUNDING OF THE UNITED STATES OF AMERCA, THE LOWEST LOW PER ONZ IN US DOLLAR WAS 25C REACHED IN LATE 1932, BUT SURELY THERE WAS A LOW BELOW 25C EARLIER IF THIS COUNT IS RIGHT
PRICE RECORDS FOR SILVER WERE IN TWO OCCASIONS:- FIRST, ON JANUARY18,1980 SILVER HIT AN ALL TIME HIGH OF ROUGHLY$49.45/OZ, I DO THINK SILVER SPIKED MORE THAN 9 TIMES DURING EARLY 1978, WHERE SILVER JUMPED FROM $5 TO AS HIGH AS $49.45 ON JANUARY 18, 1980 AS A RESULT OF WHAT WAS TERMED AS NIXON SHOCK, VARIOUS COMMODITIES ALL HIT RECORD HIGHS FOR THAT REASON AND SILVER NO EXCEPTION
SECOND:- ON APRIL 28,2011 THE RECORD HIGH WAS AROUND $50
TECHNICALLY SPEAKING:- IF MY COUNT IS CORRECT, SILVER CORRECTED THE PRIOR RUN UP AS CYCLE WAVE ONE, THEN , PRICE HEADS UP IN WAVE TWO TARGETING 30-35 RANGE MIGHT BE EXTENDED TO 41
IF MY COUNT IS WRONG, SILVER COULD MARK A NEW RECORD HIGH IN THE NEXT FEW YEARS , MIGHT BE BY THE YEARS 2022-2025
