Commodity Trade Mantra

Posts Tagged ‘Rally in Silver’

Gold Breaks Out - With Ratio still in High 70's, Can a Massive Rally in Silver be far Behind?

Gold has broken out of its summer doldrums & silver is benefiting as well. Gold is still trading at a high price historically relative to silver. If silver can now start showing leadership, that would be bullish for the entire precious metals complex. The gold:silver ratio currently stands at about 75:1. A rapid move to the low 30s or even further to the downside could be in store for those who buy silver now.

A Massive New Rally in Silver Prices could take the Gold

The S&P 500 is up 5.77%, riding a wave of Trump-mentum. Gold is doing better, with an 8.47% gain. But silver is sprinting, with a 13.5% gain. If silver prices keep up this pace, that would work out to a 65% gain for the year. Silver is ready to run — the starter pistol is cocked. The race is beginning, and silver prices could take the gold. Investors should get out of the way, or ride this rally for all it’s worth.

The Massive Debt Bubble Will Push Silver Prices Much Higher

The April 2011 peak exists in similar conditions to that of the interim high in the previous bull market. The silver price will, as a minimum, equal the 38.58 times rise of the previous bull market. That would be a minimum target of $155.86 (4.04 times 38.58). The context of this silver bull market & massive debt levels today, suggest that silver will go much higher.

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