How Silver Could Surpass Its All-Time High / Commodities / Gold & Silver 2020

Previously,I have shown how the Dow has actually outperformed silver and gold since thecreation of the Federal Reserve in 1913.

Today, if silver had the same kind ofperformance as the Dow since around the creation of the Federal Reserve in1913, then it would have topped out at $225.20 [(29568.6/78.78)*.6). Yet, itonly topped out around $50 in 1980 and 2011.

In 1973 silver was in a similar type ofposition. The Dow had peaked at 1067.2 (in Jan 1973), which represented aX13.55 (1067.2/78.78) since 1913. If silver scored a similar performance, itwould have had a peak of $8.128, yet its peak at that time (the beginning of1973) was only around $2.56, which was achieved in 1968.

Of course silver eventually passed that$8.128-level (in 1979) towards the end of that bull market, and went muchfurther. What was also interesting in 1973, was the fact that silver surpassedits all-time high in the same year that the Dow peaked (touched the all-timehigh about 5-months after the Dow peak).

It will be interesting to see how long ittake for silver this time to touch the all-time high (around $50), and how longbefore it can match the Dow’s performance since 1913, by touching the$225.20-level.

A comparison to the 70s situation willeventually tell us a lot about the current condition of the monetary system.

Below, is a long-term chart of silver(macrotrends.net) that shows how 2020 and 1973 could be similar for silver:

I have marked two patterns, both starting ata major silver peak (1919 and 1980), with major interest rate peaks followingsoon after. I have marked them 1 to 6, and shown how they exist in similarcontext  relative to important Dow peaksand crashes.

We are now potentially after the all-timehigh of the Dow (Feb 2020), just like after the all-time high in January 1973.I have no doubt that silver will surpass the $50 level as well as the $225.20to match the Dow’s performance since 1913. The important question is: How longwill this take?

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

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