Looks like the cards are lined up for another healthy run in Silver as this 2-year consolidation triangle pattern winds ever tighter. The timing is definitely ripe as the two previous rest periods also lasted about a couple of years and on both these occasions took ECU for a nice ride (about a 7 bagger). Whether by coincidence or design, those who have thrust serious allegations of Silver manipulation into the media & regulatory spotlights couldn't have done so at a better time. The Cartel will have one heck of a time capping Silver at this breakout point using the same old shenanigans when those same shenanigans are under the microscope.

At any rate this technical position, combined with new inflows of concerned well-heeled Europeans, definitely represents an excellent opportunity to start scaling up purchases of bars and shares. The smart money knows full well the US$ is not the safe haven it used to be and this is why the Greenback cannot and will not break 82 on the USDX. Big money is leaving America at the same rate it's arriving from those who feel it's still a safe place to park cash in times of turmoil. Sinclair is right - the foundation that is confidence in fiat currencies is showing cracks and this means plenty of good times lay ahead for Silver bugs.

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