A Huge Silver Rally Is The Next Step In The US Dollar Long-Term Cycle / Commodities / Gold & Silver 2020

By Hubert_Moolman / June 07, 2020 / www.marketoracle.co.uk / Article Link

Commodities

The US Dollar Index is getting close to thebreakdown that will signal a massive Silver rally. A type of Silver rally thatwas last seen in the 70s, when Silver went from around $5 to $50.

The market has virtually completed a fullcycle to set up the next Silver rally. See this long-term US Dollar Index chart:


On the chart, I havemarked two fractals (1 to 3), with a fractal virtually representing a cycle.Both fractals exist in similar conditions – relative to the relevant Dow/Goldratio peaks (1966 and 1999), as well as Dow peaks. Both fractals span over theperiod of the first phase of the Silver bull market during the 70s and thecurrent era (2001 to 2017), respectively.

If the comparison is justified, then the USDollar index will fall significantly during the coming months. Given the factthat Silver hastraditionally had its strong rallies during times when the US DollarIndex was falling, this bodes well for a Silver rally.

We are now just after the Dow peak in thecurrent cycle. If the Dow peak in Feb 2020 was indeed the top, then we arelikely to see a Silver rally that will at least match the x10 during the periodfrom 1977 to early 1980.

A breakdown of the US Dollar Index at the reddotted line is where things could get really interesting.

For more on this, andsimilar analysis you are welcome to subscribe to my premium service. Ihave also recently completed a Silver Fractal Analysis Report as well as a Gold Fractal Analysis Report.

Warm regards,

Hubert

“And it shall come to pass, that whosoevershall call on the name of the Lord shall be saved”

http://hubertmoolman.wordpress.com/

You can email any comments to hubert@hgmandassociates.co.za

© 2020 Copyright Hubert Moolman - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


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