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March 2, 2011

Nearby Inflections

Back in the old days (2010) if silver posted a 70c range during a single session, something dramatic was happening. Since the January low, 16 of 25 sessions... that's 64% of them... have seen at least a 70c spread between the day's high and low, and a 17th session missed by a penny. Here's is what the latest 70c range looks like ...

 

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