Welcome to $37.00 Silver

Now at $37.20/oz (12:15pm C T)....a silver U S coin is now worth 26.9 X face value for its silver content....a silver quarter worth $6.72...a half worth $13.44? Unbelievable!
 

May silver futures closed up 92.1 cents at $37.19 an ounce Wednesday. Prices closed nearer the session high and hit a fresh 31-year high of $37.29. Bulls have strong upside momentum. A seven-week-old uptrend is in place on the daily bar chart. The silver bulls have the overall near-term and longer-term technical advantage. There are no early clues to suggest a market top is close at hand. The next downside price breakout objective for the bears is closing prices below solid technical support at $35.00. Bulls' next upside price objective is producing a close above psychological resistance at $40.00 an ounce. First resistance is seen at Wednesday’s high of $37.29 and then at $37.50. Next support is seen at $36.745 and then at $36.50. Wyckoff's Market Rating: 9.5.

http://www.kitco.com/reports/KitcoNews20110323JW_pm.html
 

$38.00 as of 10:45 this morning............. :director:
 

I am smiling every time it goes up. Where's the top going to be??
 

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