Silver’s Parabolic Spike

Silver’s Parabolic Spike

Is Silver’s Parabolic Spike the End of the Rally, or Just a Pause?

The precious metals market is abuzz, and nowhere is the action more intense than in silver. This morning, COMEX silver blasted to a new all-time high of $92.39, marking a staggering 5.3% intraday gain. For many traders, this kind of explosive, vertical price action immediately raises a critical question: Are we witnessing a classic “blow-off top”? (more…)