silver topped out in 2011, ....31 years after its 1980 high. if silver follows its 30 yr pattern, then it does not look good.
silver bottomed at 3.51 in the recession of 1990. so we may see silver hit a low around the year 2020 or 2021.
(i really don't like this thought since i think silver is one of the most grossly underpriced assets out there).
honestly, if silver gets to 10 bucks in the next couple years, i would be tempted to sell my kids to load up on this precious metal. (of course i'm joking here).
as soon as it becomes clear that the fed will start easing, metals will fly. but that my not happen this year or next.
silver is a steal at 15 bucks. it would be an even better deal at 10 bucks.
slow steady accumulation during this long bear market will give very nice rewards later.
30 year cycle... Ain't got time for that!
Need money NOW. You got any 30 MINUTE cycles handy?
I see silver making a Spike high going into the spring of 2020. How high? Lets wait and see, but while I do see lower prices after that spike, and I also see that spike being taken out later in the decade 2026-2028. The low we made in 2018 should hold for 30 years. my two cents.