Is Silver Leading Bitcoin or is Bitcoin Leading Silver?
Bitcoin is currently playing catch up, and this brings us to why Bitcoin is actually leading in the short-term time frame
Bitcoin is currently playing catch up, and this brings us to why Bitcoin is actually leading in the short-term time frame
A breakdown of the US dollar would be a great confirmation of a sustained silver rally
Until a significant portion of these debts is repaid or defaulted on, it would be foolish to talk about a top in precious metals.
Historically there is an established pattern of credit extension, during which the Dow benefits proportionally more than Silver prices do. Once the Dow’s rally has run its course, Silver prices catch up while the Dow corrects or goes sideways.
Ammunition to keep silver prices low is virtually depleted.
Silver is still in consolidation mode since early September, but could be close to a resolution.
The coming leg higher is the one that will likely take prices to all-time highs.
These are setting up really favourable conditions for Silver prices and the position it has in the international monetary system.
If the comparison holds true, then we could see a massive rally over the coming months that would likely make new all-time highs.
Silver has now made significant moves over the last couple of months, and appears ready to confirm the bull market.
The end or peak of debt-based assets, and the significant appreciation of real assets like gold and silver.
The current silver rally has the best ingredients to be the most explosive silver rally for the last 100 years.
When the increase in credit or the money supply has run its course, and is unable to drive paper prices higher; value then flees from paper assets to safe assets such as physical gold and silver, causing massive price increase.
The following technique could provide a way to track silver until it provides that clear bull market signal.
So, in terms of US dollars in existence, silver is trading at 1.24% (14.84/1193) of its 1980 high – it is the bargain of the century.
After a period of economic prosperity, it is a given that eventually a period of economic decline will follow. This is a well known reality.
Like all bull markets, the silver bull market has different phases, and theses phases have different intensities of price growth.
Now, silver will not just be willingly restored to being a monetary asset
Silver is currently going for a major breakout.
The current silver bottoming process is very similar to that of 2001 to 2003. It took a while for silver to establish a base which set up the bull rally in the following years to 2011.
A key difference between silver and gold prices is the fact that silver already bottomed in 1993, whereas gold bottomed only in 1999.
Silver Price Forecast 2019/2018: These Indicators Are Predicting New All-time High Silver Prices The Dow/Gold ratio is a very reliable measure for where we are on the long-term economic timetable. It allows for an accurate reading of key economic conditions that are present at a particular period of time. With regards to silver, the period…
Silver used to be a significant part of the monetary base in many countries. You could find it as part of monetary reserves together with gold, as well as coinage in circulation.
Let’s take a look at silver priced in oil (WTI Crude), the Dow and US dollars:
Silver is running out of time and space (on the chart) to decide where it will go over the next months and years.
The relationship between silver and the Dow is such that significant Dow peaks are often followed by significant silver rallies. It is for this reason that silver can provide a great opportunity to bank Dow profits and even grow them much bigger.
Silver Prices Forecast 2018: Previously, I have shown how conditions in the financial markets are very similar to that of the early 80s (circa 1983). Basically, the Dow was at a start of a long-term rally around 1983, and silver just broke down and entered a long-term bear market. However, as I have predicted in…
Silver Price Forecast 2018: The US Dollar Breakdown Clears The Way For A 70s Style Silver Rally The apparent breakdown of the US Dollar Index is setting silver up for a spectacular rally. In fact, it could rally like it did in the late 70s. Below, is a long-term chart of the US dollar Index:…
Silver Prices 2018/2017: How Silver Could Rally Significantly Over The Coming Months The silver price and the US Dollar/South African Rand exchange rate (USD/ZAR) have a very interesting relationship that goes back a long way. In the long run, the two move in opposite directions. When the USD/ZAR rate is moving up, the silver price…
However, as explained above, it is likely that we could end up having a more concentrated occurrence of events that are silver price positive, if the stock market peak this year (which might have happened already), and we also have a major US dollar collapse this year or next year.
Silver Price Forecast – Gold Price Forecast – Gold and Silver: Boom or Bust? By Hubert Moolman Gold and silver prices are at a critical point. It appears that we will see massive price movements up or down, soon. Conditions are very similar to that of the early 80s (circa 1983), for example, when the…
Silver in South African Rand The South African Rand is often a leading indicator for where silver (in dollars) is going, as previously explained. Furthermore, the chart of the silver price in rands can often provide very clear signals or patterns of what might happen to price. Currently, the silver price in rands provides the…
This means we are likely to have rising silver prices for many years to come.
Silver Price Forecast and Gold Stocks Forecast 2017/2016 Silver is one of the goods with the most potential to rise in value over the remaining years of this decade. While silver increases in value, it will be increasingly difficult to add to one’s silver ounces. Below, is a chart (from macrotrends.net) that illustrates silver’s potential…
Silver Price Forecast 2017/2016 The silver price and the US Dollar/South African Rand exchange rate (USD/ZAR) have a very interesting relationship that goes back a long way. Basically, in the long run, the two move in opposite directions. When the USD/ZAR rate is moving up, then the silver price is moving down, and vice versa. Furthermore,…
Silver Price Forecast 2017/2016 The worst part of the world’s ongoing financial crisis is still on the way: A crisis that has its roots in the debt-based monetary system. The debt-based monetary system has facilitated the growth of debt, to levels that will inevitably bring total collapse. Everyday we see more and more events (think…
Are you ready for the next leg of deflation? Where the real pain will be felt (mainly) because the collapse of commodities and oil, in particular, will be accompanied by the collapse of the US stock market. Due to the size of the cycles involved, it is very difficult for most to comprehend the continued…
The existence of this pattern, and its recent breakout confirm that the December 2015 bottom in silver is actually the bottom for the correction since 2011.
Silver Price Analysis 2017/2016 In my previous silver article, I highlighted a very bullish pattern/fractal on the 100-year silver chart. It was a very big picture view of silver, which is really difficult to perceive within our current reality. However, at some point in time, it will catch up with our current reality. This will…
Why do I think it is too expensive? Because I think there is a way of getting it at the equivalent of $345 an ounce, by buying silver instead.