This shows the price of silver would have to skyrocket to $917 to equal the 1980 peak.
Silver Remains Undervalued
January 8 (King World News) – Jesse Colombo: Another reason why I believe $100 silver is in the cards is that it recently broke out from a six-decade-old cup and handle pattern, and based on the sheer duration and magnitude of that pattern, it projects silver surging to hundreds of dollars an ounce in the course of this bull market that I see lasting at least another 7 to 8 years.
Though numbers like $100 or $300 silver may sound far-fetched to those thinking in nominal dollar terms, they are actually quite realistic when you consider how silver remains relatively low when priced in terms of key benchmarks such as inflation, the money supply, debt, gold, and the stock market, as I explained in a detailed report on Friday.
KING WORLD NEWS NOTE: Jesse’s Chart Shows Silver Remains Radically Undervalued vs M2 Money Supply. To Hit The 1980 Peak The Price Of Silver Would Need To Skyrocket To $917
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