kingworldnews.com / October 1, 2014
Today KWN is putting out a special piece which features four spectacular silver charts that show that despite the recent drop, silver is coiled to break above $100 as the bear market in the metals comes to an end. These are charts that the big banks follow closely, as well as big money and savvy professionals. David P. out of Europe sent us the four key charts that all KWN readers around the world need to see.
Below are the four spectacular charts sent to KWN by David P. out of Europe, along with his brief commentary.
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….
Continue reading the KWN piece below…