A Major Buy Signal flashed this A.M. in Silver. It is the first such signal since May 13 of last year. If Silver overshoots and drops to $16.60, we will re-initiate longs. Meanwhile the Gold:Silver Ratio hit a 50-Year high of 95 this morning!
Silver Stocks Flashing Major Buy Signals (Under -30)
| Symbol | Reading |
| AG | -37 |
| BCEKF | -37 |
| CDE | -38 |
| EXK | -36 |
We are watching Fortuna and Hecla closely, but Major Buy Signals are not being flashed yet.
What happens if Silver fails at $16.60?
If Silver fails at $16.60, the door to $15.16 is opened.
