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Silver At $140: Can It Really Happen?

  • 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!

https://goldseek.com/article/silver-140-can-it-really-happen

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