Silver’s 40-Year Breakout

Gold has topped $3,500… and silver is finally moving along for the ride.

The metal topped $40 on Friday, its highest close since 2011.

That’s 14 years of sideways trading.

Even though silver has strong industrial demand on top of a historical use case as money. And on August 28, silver was listed among the Trump administration’s classification as a “critical metal” for the US economy.

We’re writing about silver today for a different reason.

One key technical chart suggests that the breakout is the start of what could be a multi-year rally, because it’s a chart 40 years in the making:

Turn Your Images On

Silver isn’t just at an 11-year high, it’s showing a technical pattern that suggests a further break higher
(Source: Kinesis)

We generally use technical indicators to determine short-term momentum in specific stocks are sectors. Today’s silver breakout reveals a longer term trend.

Silver first reached a peak of $50 per ounce in 1980. Then, it languished and hit $48 in 2011 during the last peak.

After adjusting for inflation, silver still needs to soar closer to $200 per ounce to make all-time highs.

With a cup-and-handle breakout now in the cards, it’s possible that in the next few years, the metal could do just that. In the shorter term? It could jump to $50 per ounce.

~ Addison

P.S. Grey Swan Live! returns at a special new time on Thursday at 2:00 P.M. ET. We’ve gotten feedback suggesting it would be more polite to host GSLive! at 2pm Eastern Time, 11am on the West Coast. More civilized for our members in California. Cheers.

We’ll be joined by Ian King, looking at the latest moves in the cryptocurrency market – including the rise of Ethereum as the rally in bitcoin takes a pause.

Ian’s recent predictions include a new event that could trigger a new crypto boom, sending the market cap of the space to $8.5 trillion by 2030 – as well as the latest on President Trump’s plans for a Strategic Bitcoin Reserve.

All that and Ian will cover some of the top token opportunities in the cryptocurrency space as this asset class continues to push higher.

If you have any questions for us about the market, send them our way now to: feedback@greyswanfraternity.com.

Gold has topped $3,500… and silver is finally moving along for the ride.

The metal topped $40 on Friday, its highest close since 2011.

That’s 14 years of sideways trading.

We’re writing about silver today for a different reason.

One key technical chart suggests that the breakout is the start of what could be a multi-year rally, because it’s a chart 40 years in the making:

Turn Your Images On

Silver isn’t just at an 11-year high, it’s showing a technical pattern that suggests a further break higher
(Source: Kinesis)

We generally use technical indicators to determine short-term momentum in specific stocks are sectors. Today’s silver breakout reveals a longer term trend.

Silver first reached a peak of $50 per ounce in 1980. Then, it languished and hit $48 in 2011 during the last peak.

After adjusting for inflation, silver still needs to soar closer to $200 per ounce to make all-time highs.

With a cup-and-handle breakout now in the cards, it’s possible that in the next few years, the metal could do just that. In the shorter term? It could jump to $50 per ounce.

~ Addison

We’ll be joined by Ian King, looking at the latest moves in the cryptocurrency market – including the rise of Ethereum as the rally in bitcoin takes a pause.

All that and Ian will cover some of the top token opportunities in the cryptocurrency space as this asset class continues to push higher.

If you have any questions for us about the market, send them our way now to: feedback@greyswanfraternity.com.

The global bond market is screaming.

This week, 30-year yields hit multi-decade highs across the U.S., UK, Germany, and Japan.

America’s 30-year briefly touched 5.0% — levels last seen in 2007. Japan’s long bond is at its highest since it was first issued in 1999. Europe’s long paper is flirting with crisis-era yields.

Why? Heavy borrowing, fiscal deficits.

In just two months, U.S. federal debt has surged by $1 trillion. Since mid-August alone, $200 billion has been tacked on.

Miran is outlining a radical plan to flip the U.S. dollar’s reserve status from a burden into a bargaining chip. To turn America’s towering debt from an embarrassment into leverage. And to reorient the entire global economic structure in Washington’s favor—while they still can.

Now, if you read through Miran’s 40-page paper, you’ll quickly realize he left a lot of other ingredients out (some of which actually make the plan far more realistic). It’s a speech, not a doctoral thesis, after all.

A spike in money supply typically occurs during a crisis. Not when the economic vibe is simply “uneasy” and bullish.

Today’s graph strips away delusion. A massive quantity of fiat money is propping up the stock market and global economy.

That’s a trend that cannot last.

In the early days of the Roman Empire foreign conquests brought glory, booty, and slaves. People were happy to be a part of it.

But after 100 AD the conquests largely ended. And as time went on managing the huge empire — with its far-flung garrisons and expensive bureaucracy — became less and less profitable. Taxpayers were squeezed harder and harder to pay for it.

Roman-era feds had their tricks too. The basic coin of Rome — the denarius — was inflated away. It came to be worth so little that even tax collectors wouldn’t take it. In 212, Caracalla expanded the tax base by giving Roman citizenship to all free men in the empire. But the squeeze continued.

Gradually, the small farmers — who had been the backbone and muscle of the empire — were forced to abandon their land…and even sell their wives and daughters into slavery in order to keep them alive. Gradually, too, Roman society became decadent, corrupt…and brutal, with more and more resources devoted to the war industry.