- Please click here now. As expected, silver burst upside from the inverse head and shoulders bottom I highlighted on this chart… and now looks ready to test this year’s highs.
- Silver is a “must own” asset in an inflationary environment. Using both 1970s inflation and Fibonacci analysis, it’s my contention that if inflation surges as gold moves towards $3000, silver could rally to about $140. That’s a gold to silver ratio of about 20:1, akin to what was achieved at the peak of the action in 1980!
September 01, 2020