This is the biggest breakout in history!
The Biggest Breakout In History
February 3 (King World News) – Graddhy out of Sweden: This is the biggest breakout in history. EVER. Stated 8 years ago that the breakout was coming.
Still doubting silver can reach almost unimaginable levels?
Then ponder that silver’s all-time high is not $50, it is $806. In 1998 USD value…
And, that is $1,616 today, using Fed’s massaged inflation calculator…
And, using ShadowStats, it should be 3-4x that…
Silver had been in decline for 500+ years when it bottomed out around the millennium. The chart shows a 500+ year black expanding falling wedge; my drawing. And the false breakout (FBO) is the 20 year bottoming phase of the cup, of the 45 year cup & handle pattern.
Note that silver had to hit $60 just to go above the upper black line of the expanding falling wedge. Then it had to go high enough to actually break out.
The Precious Metals Bull Market Is Not Over
So, could $800 happen briefly again when silver goes ballistic towards the end of the bull? Absolutely.
And no, the precious metals bull market is not over.
On the contrary – so it begins…
Listen to the greatest Egon von Greyerz audio interview ever
by CLICKING HERE OR ON THE IMAGE BELOW.
One Of The Cheapest Assets In The World
Peter Boockvar: I want to hit on oil prices again where I’ll repeat that a barrel at around $60 is one of the cheapest assets in the world. Yes, because I’m talking my book but if I’m right and it does rise from here, it would complicate the job of Kevin Warsh in the few years to come.
In the FT a few weeks ago there was an article on oil companies that are looking abroad for exploration opportunities because of the dwindling basins in US shale. Something I’ve been hitting on where about 85% of all non-OPEC+ global supply came from US shale over the past 15 years and this is thus a big deal.
Billionaire Pierre Lassonde Predicts Gold Price Will Hit $25,000
This is one of Pierre Lassonde’s greatest interviews ever where he predicts jaw-dropping prices for gold, silver and mining stocks and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
Friday’s Brutal Gold & Silver Takedown
To listen to Alasdair Macleod discuss Friday’s gold and silver takedown CLICK HERE OR ON THE IMAGE BELOW.
ALSO JUST RELEASED!
Major Gold & Silver Update After Friday’s Crash In The Silver Market CLICK HERE.
Making Sense Of Friday’s Utterly Rigged Nonsense In The Silver Market CLICK HERE.
What To Do After Friday’s Brutal $37 Plunge In Silver CLICK HERE.
Historic Gold & Silver Plunge As Banks Cover Short Positions CLICK HERE.
Graddhy – We Just Saw A Short-Term Top In Gold, But There Is Good News CLICK HERE.
Billionaire Pierre Lassonde Just Predicted Gold Price Will Hit $25,000 CLICK HERE.
WILD METALS TRADING: Here Is What Is Happening CLICK HERE.
US Collapse Will Now Accelerate As Dollar Begins Historic Plunge CLICK HERE.
What A Difference The Metals Make, Plus US Dollar Woes CLICK HERE.
The World Is Changing As Gold Becomes Most Important Global Reserve Currency CLICK HERE.
The Amount Of Gold Needed To Buy A BMW Has Collapsed! CLICK HERE.
Buckle Up Because This Is About To Massively Rock Global Markets! CLICK HERE.
Michael Oliver – Historic Breakouts Will Now Send Gold & Silver Prices To Levels That Will Shock The World! CLICK HERE.
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