Historically, August has been a rough month for stock investors. The fall in the dollar will reflect in the rise of silver. I believe that silver is on the cusp of a rally. The silver bulls have seen a stupendous run from the lows of around $13.73 during the start of the year to the highs of $21.2 in early July 2016. However, I believe that the bull run in silver will continue after a small consolidation.