This Points To Significantly Higher Silver Prices / Commodities / Gold & Silver 2024

Since the creation of the Federal Reserve,the Dow Jones has significantly outperformed silver.
It was only during brief periods before the1919 and 1980 silver peaks that silver was able to outperform the Dow (see theDow/Silver chart below).

                       
The Dow/Silver ratio needs to rise above thedouble blue line in order to reach parity with the Dow since the creation ofthe Federal Reserve. In current prices, that would mean silver's price needs tobe above $340.

In the chart above, there are two similarpatterns, both starting near an interest rate peak (1920 and 1981). I havemarked both the patterns (a,b,c).

Both patterns appear to bottom very close toa Dow/Gold peak. This was recently pointed out as a sign of a coming multi-year silverrally. Point c was the key breakout point that occurred in 1973. Ifthe comparison is valid, then the current pattern is also at point c.

It is also interesting that point c wasclose after the keydebasement events shown on my silver and gold chart analysis.

It is after point c that the ratio made amove towards the double blue line (and beyond) in the 1970s. It is very likelythat silver will outperform the Dow for at least the coming decade and possiblymake new highs for the Dow/Silver ratio.

Learn more at my premiumgold and silver blog or my Silver Long-termFractal 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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