50-day moving average has plunged below the 200-day moving average marking the death of silver.
The Silver Bear market is here. We're heading to $14 (then lower depending on the depth of the next recession)
Silver was $14 in early 2010
Silver crashed to $8 in the last recession and $4 in the recession before that.
We could easily crash down to under $10 and stay there for a decade.
Go take a look at an historical rhodium price chart on kitco and see what happened when the bubble crashed.
try silver went down 54% from 48 to 22. now you're trying to tell me your bear market is confirmed? man, you're slow. buy a clue! silver is ready for another counter-trend bounce of six to ten points if you ask me. the 25/26 gaps tells you there is no overhead resistance from here. we could always go lower first, but a bounce is coming. this assumes we're still in a two-plus year bear that you have so astutely identified. thanks for the bear market confirmation. i assume you'll confirm the next bull near the top!