For anyone who is into TA, this was pointed out in this week's analysis by Rob McHugh. There is a declining bullish wedge forming since mid-September in silver. A series of lower highs, and with lower lows, but the lows are much less exaggerated. It is a tough pattern to catch, but looks pretty textbook to me.

If it wasn't so difficult to upload pictures on here I would post one. But for any of you who like to see how these things work out, we would be looking for one more downleg to the mid $8's, and then basically an explosion to around $14-15.

Timing looks pretty close to complete. Perhaps by the end of this week or early next week.

Hysteria