- Silver prices have shown little volatility for the past four years. Future volatility is likely.
- Silver prices have peaked in volatility in 2004, 2006, 2008, and 2011. The next peak could occur soon, perhaps in 3 to 9 months.
- Historically, silver has been boring and non-volatile for 80-90% of the time, and exciting and highly volatile, either spiking higher or crashing, for 10 – 20% of the time.
Silver is currently priced at about $16, down about 2/3 since its April 2011 high. A double bottom occurred in the past nine months. Silver is more likely to make a major move higher than crash to a lower low.
….read the entire article including What could cause a peak in prices and volatility HERE
