7-Year Itch? Silver Price Attempting Historic Breakout

kimblechartingsolutions.com  ( Original )
JAN 24, 2018

ORIGINAL SOURCE: Silver attempting 7-year breakout; Hi-Yo Silver Time? by Chris Kimble of Kimble Charting Solutions on 1/24/18

It has been a long time since the silver price attempted an earnest run at its highs of seven years ago, having been stuck in a descending channel all that time. Are we finally seeing the beginning of the beginning here? An eight-year silver futures chart paints an intriguing picture:

Look for silver to show up on all sorts of investment radars for the first time in years if the silver price can succeed in breaking out of this well-established trend. The opportunity to load up on cheap silver may well be drawing to a close.