I read another author not so long ago who was saying that silver is probably still in primary wave one/two, based on the general publics knowledge of the silver market, and participants generally looking backwards rather than forwards. You could say that's the situation here, and that ECU in 2008 put in a primary wave 2 low. We're only minor wave two/three off that low, closely coinciding with the 1960's equivalent.

Bob Moriarty seems to think he's beyond reproach, which is possibly signalling a low too. My words is as good as anybodies lol.