Silver - An Interesting Observation

This is a very interesting observation from the people at Great Panther Silver (AMEX:GPL,TSX:GPL). I will  feature GPL another day.

From the 10 year chart of silver (above), silver appears to have a repeatable pattern. A period of of consolidation (trading is range-bound with slight uptrend) is followed by a parabolic upward move, then a sharp correction.

Start of the parabolic move is roughly two-thirds of the previous ones. Parabolic moves tend to start in September-October and peak in March-April, on a two year cycle (?). Each cycle is more pronounced than the one before.

Will the next aha! moment for silver start in September 2012 ?

Caveat emptor; " History does not repeat itself but it does rhyme" ...Mark Twain