"The world is not the way they tell you it is"

Thursday, 20 December 2007

Casablanca Moment

Could there be a better train departure movie-scene, than when 'Rick' boards the last train out of occupied France. He waited until the last possible moment before receiving a rain-soaked farewell that was the decider to jump aboard.

Parrallel's abound here with the 'Silver Train' edging down the platform. The distant barrage of the central bank's big guns can be heard, their consistant liquidity shelling forcing the train to be on it's way. We've waited with silver longer than some of the other metals but the bounce from the mid $13's may be the rain soaked farewell !

Technically the pattern is not dissimilar to the last great rally that took the price from $8 to $ 14 at the end of 2005, a similar move could well be on the way. Play it again Sam !

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