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December 28: Using fibonacci extensions, we can project future price action.  Using a starting point of the lows of 1993 or 2008, both give a projected price of $55 to $60 after the trigger price of $25 to $26 is exceeded.  

Silver observers should be aware of the high probability of a significant correction after the projected prices have been reached.  This could be short and quick, or slow and drawn out.