Bo Polny Silver Forecast - All Time New Highs Before The End Of 2016 - Crazy?

in #money8 years ago
Bo Polny is making a prediction that Silver will be at all time new highs before the end of 2016. Is that craz? Well.... not necessarily.
Look at the chart the below, look at the angle of assent, it's the same as the run up to the 2011 top in silver. When I heard it on the Dollar Vigilante, I had to investigate. It's not impossible, and yes stocks could go up too with the precious metal. The markets are beast, just have to roll with the punches.
The chart speaks for itself.


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From your lips to god's ears... chart looks fantastic though.

Anything's possible in the markets. Silver hitting all time highs this year is probable.

Did Bo give any fundamental reasons to back up his hypothesis?
Isnt he that hack gold bug that always manages to sneak onto sidebar advertisements?

No fundamentals with Bo - Just cycles - I thought it was outlandish until I looked at the chart and came to different conclusion. I found out a long time ago that fundamentals in today's market are useless. I only look at the charts.

But he says that every year...