Alf Field On Silver - What About Silver?
By Alf Field I have received numerous emails asking about silver. This article was prompted by a question enquiring what the silver price might be if my gold forecast of $4,500 proved to be correct. As I own some silver bullion and a number of silver mining shares, the question caused me to pause and take a closer look at silver. The reason why I have written very little about silver in the past was because the beautiful Elliott Wave (EW) symmetry and predictable relationships visible in gold were not to be found in silver. I first wrote about silver in December 2003 in an article titled “US Dollar Implosion – Part II”. The link to this article is at: http://www.gold-eagle.com/editorials_03/field120503.html . The brief piece on silver was tacked onto the end of that article. In view of its brevity, the 2003 silver piece is reproduced in full below: SILVER “In past crises, the wealthy protected themselves by purchasing gold and gold related assets. Ordinary people, by f...