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.