Silver price walking to $30 over the next 2 quartersIf you look at the 20 year chart history, you will notice that 3 specific points are aligning themselves on a line pointing to the $30 zone target. There is no predictability in any statistic analysis, this is a fact but if we reach $25 this would put us around 50 for the gold-silver ratio assuming that gold would stay around 1330 ish range.
my view is we will have a bit of both forces in the same time, silver to perform better than gold and gold to keep trending up until it reach $1400 area. So gold will support silver to climb but on top silver fundamentals will give a bit more support on the price and we will get to the $30.
time will tell, now that we have exited the down trend, it is more difficult for the shorters to influence the price. Silver is finally finding its support.
USA to benefit in the short term. Glta and go USA go