BullionStar
Fly on the Wall
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Hello, PM Bug forum members! This is our first post. If you need some encouragement after this week's gold and silver slam, you may appreciate our optimistic new report about silver - "Why a Powerful Silver Bull Market May Be Ahead":
https://www.bullionstar.us/blogs/bullionstar/why-a-powerful-silver-bull-market-may-be-ahead/
Here are some highlights from the report:
1) Silver is quite cheap by historical standards. See the inflation-adjusted price of silver, for example:
2) The ratio of silver’s price to the United States M2 money supply also shows that silver is quite undervalued by historical standards:
3) The current gold-to-silver ratio is a lofty 84.3, which means that silver is extremely undervalued relative to gold based on historical standards:
4) Strong demand for silver and lackluster supply growth has created a structural deficit in the silver market for the past few years:
5) The past few years' silver deficit is causing the above-ground supply of silver to dwindle at a rapid rate:
6) Silver has recently broken out from a long-term triangle pattern, which means that a powerful bull market is likely ahead that could take silver to its prior 2011 highs of approximately $50 and even higher after that:
We hope you read the whole report, which has many more charts and additional points:
www.bullionstar.us
Please let us know what you think in the comments!
https://www.bullionstar.us/blogs/bullionstar/why-a-powerful-silver-bull-market-may-be-ahead/
Here are some highlights from the report:
1) Silver is quite cheap by historical standards. See the inflation-adjusted price of silver, for example:
2) The ratio of silver’s price to the United States M2 money supply also shows that silver is quite undervalued by historical standards:
3) The current gold-to-silver ratio is a lofty 84.3, which means that silver is extremely undervalued relative to gold based on historical standards:
4) Strong demand for silver and lackluster supply growth has created a structural deficit in the silver market for the past few years:
5) The past few years' silver deficit is causing the above-ground supply of silver to dwindle at a rapid rate:
6) Silver has recently broken out from a long-term triangle pattern, which means that a powerful bull market is likely ahead that could take silver to its prior 2011 highs of approximately $50 and even higher after that:
We hope you read the whole report, which has many more charts and additional points:
Why a Powerful Silver Bull Market May Be Ahead
A look at numerous factors that may drive silver back to its 2011 high of $50 — and possibly even higher.
Please let us know what you think in the comments!
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