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.