Silver Is Very Close To A Mania Phase (Technical Analysis)

Summary

• Silver made a significant bottom some years after the Dow/gold ratio peak.
• Once in the bull market, significant silver peaks occurred within 8.5 years.
• It is likely that silver could rally for most of the coming 22 months if the current setup continues to mimic the previous ones.

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Silver is getting very close to a mania phase based on signals from the Dow/gold ratio previously presented. Furthermore, since it is normal for silver to lag gold’s performance, and given that gold has performed so well