Silver long term overview
Yestersday I published an analysis on silver where I took a short position for this week: 
I also pointed out the on the long run I'm LONG on Silver. and this is the bigger picture I'm looking at. This is the weekly chart. I'd recommend you to open the Silver chart yourself and take a look at the Monthly view. You can see that silver is going sideways in a channel, and that it's very close to the trend line on the bottom.
Remember that Silver has an intrinsic value, besides being used in jewelry, it's has a wide range of industrial uses such as in Electronics and Medicine.
en.wikipedia.org/wiki/Silver
en.wikipedia.org/wiki/Medical_uses_of_silver
I also pointed out the on the long run I'm LONG on Silver. and this is the bigger picture I'm looking at. This is the weekly chart. I'd recommend you to open the Silver chart yourself and take a look at the Monthly view. You can see that silver is going sideways in a channel, and that it's very close to the trend line on the bottom.
Remember that Silver has an intrinsic value, besides being used in jewelry, it's has a wide range of industrial uses such as in Electronics and Medicine.
en.wikipedia.org/wiki/Silver
en.wikipedia.org/wiki/Medical_uses_of_silver
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