Silver: Silver vs. U.S. Dollar

Stock chart courtesy of StockCharts.com.

Intermarket Futures trading data calculations indicate silver is in a position with the U.S. Dollar that is similar to where it was in September 2008 and is quickly approaching the point of initiating a decline to 18.81 (+/- 5%) before moving higher. After completing this decline, both silver and palladium are expected to move significantly higher over the next two years as stock markets collapse in 2022 and 2023. Gold is lagging behind, but its position could change quickly based on 2008 characteristics that are developing.

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