Loading ...In the 80’s mkt Sinclair was right, huge swings and they got bigger the higher we went and bid offer spreads were huge…Silver at the top had $ 5 spread, between buyer and seller and that was for a 10,000 oz LME contract, the LME contact was twice Crimex’s size…..which was @ $ 40 a $ 50,000 difference !!!!!
So far the wave swings are fairly normal…..in Gold
waves a and b were @ $ 192, the c wave $ 301….1.6 times a and b…1.6 is THE Fibonacci number for an extension….lets see of this low holds