There Are Many Parabolic Trends Within A Secular Trend

The explosive nature of silver is whipping around retail money like a plastic bag in a strong wind. While the headlines have been citing silver an unsustainable, parabolic trend, they do so from a short-term perspective. ‘Parabolic’ has the Street’s darling adjective used to describe silver. Life is about fractal analysis. Parabolic in terms of months versus years are two different trends. For example, the impressive advance from 1976 to 1980 in silver (and gold), the thick green parabola superimposed on 2008 for purpose of comparison, provides a completely perspective to the term parabolic.

The movement of money during the decline will reveal a better picture of the convictions behind silver and gold.

Silver, London P.M. Fixed (Silver) and Z Scores from Primary Trend