Dust flux, Vostok ice core

Dust flux, Vostok ice core
Two dimensional phase space reconstruction of dust flux from the Vostok core over the period 186-4 ka using the time derivative method. Dust flux on the x-axis, rate of change is on the y-axis. From Gipp (2001).

Saturday, June 29, 2013

A decision in the silver space

Earlier this month I couldn't decide whether silver was going to drop to an area of stability around $17, or move back to the area of stability near $30.

June has given us our answer.

There was a little head-fake at the beginning of the month.

Most of the price move needed to reach the LSA centred at $17 has happened. What needs to happen for silver to reach the LSA is time--about six weeks at or below the current price.

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