Tuesday 🧵
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More from @TheDailyGold

Sep 23

Tuesday 🧵

My updated Silver charts & analysis.

Let’s Goooo!

1) Silver Historical Chart

The circles show breakouts to new all-time highs.

The first circle was a new modern all-time high, the highest level since the Civil War.

Silver, which was trading around its 1920 peak, basically doubled in 1967, eclipsing the 1920 peak.

This lead to a mania in silver juniors in 1967-1968.

The equivalent today would be a pop to $100.

The breakout in 1973 led to a 120% pop in 4 months.

2) Silver Quarterly Chart

Silver has 5 more trading days until the end of the quarter.

The quarterly all-time high is $37.60, with further resistance at $39.95.

Silver is in position to make a new quarterly all-time high. Closing above $39.95, adds significanc…

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