KWN published an interview today that provides some spectacular charts regarding the silver market. Specifically, how the trading pattern in silver today is very similar to that of the 1970’s, which preceded a 3,000% rise in the silver price.
As to today’s action in the silver market, the interview has this to share…
This kind of engineered breakdown and capitulation in silver is what has historically been seen before major moves in the silver market. The main purpose for creating the capitulations is to force the weak hands to sell their positions. It has nothing to do with real fundamentals, i.e the real supply/demand situation. This is the final push down before silver makes its move to $100 an ounce….
The complete interview with charts can be seen at King World News