some good charts, concludes: "Earlier, I promised you that I would show you why I think the 4th wave ended in June of 2012. Let's take a look at this chart. This is a weekly chart with the 65 period cycles, which is the same as the 15 month cycle. This cycle terminated in July of 2012, and the low was in June. Note that the 1.618 extension of the Wave 3 move is $91.98; eerily close to the $91.49 price that we got earlier from the monthly chart. This indicates to me that the rally from the low in June, and subsequent completion of the ABC correction of that wave, which I detailed in a previous video (click here to view) sets us up for the next impulse wave higher.
"Based on my analysis, I think silver will go above $90.00 in 2013, on its way to much higher prices later on," Roy said."
AYN Price at posting:
2.3¢ Sentiment: Hold Disclosure: Held
