Some very interesting comments on silver (and gold). The chart below shows just how close we are to the upper and lower resistance in silver. It will be very telling if the metal can break out to the upside, potentially leading the way for gold. So far in 2014 I think silver has been very disappointing, that said, a number of mid-tier producers have performed well.
As the author says “The chart above shows a huge pressure cooker building, with resistance only a dollar on the upside and support about a dollar on the downside.”
