I think a lot of metals analysts are expecting an intermediate top in gold at $4000 and an intermediate top and silver at $50. I'm of the opinion that the rally may go further than that.
Silver is roughly only $2 away from its 1980 and 2011 high. As a reminder, though, those are nominal levels. On inflation-adjusted levels, we have a way to go.
Silver could top around 2028/9, which is about 49 years (Jubilee) after the start of the pattern. Jubilee is synonymous with sovereign debt defaults...a new monetary system with winners and losers.
