Why Silver Could Replace The Dollar
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.
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 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.