S&P500 and silver data covering January1980, April 2011 and January 2026 were reviewed for consistent patterns. After the peak in 1980 and 2011 the S&P550 fell between 16.9% and 17%. The parabolic peak in silver during January 2026 is similar to 1980 and 2011. A decline of approximately 17% in the S&P500 is expected and could start within the next 2 to 3 weeks. During this decline, profits from the peak in metals should move into stocks. The S&P500 would then move higher for the remainder of 2026. In addition to this the current VIX chart structure is similar to 2011 providing a leading indicator for a decline in the S&P500.
Data points:
On January 18, 1980 silver hit a record close of 49.45 with the S&P500 closing at 111.07.
On April 28, 2011 silver hit a record close of 48.41 with the S&P500 closing at 1360.48.
On January 29, 2026 silver hit a record high of 115.79 with the S&P500 closing at 6969.01
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
