It Has Been Decided: Silver Is Going Much Higher / Commodities / Gold & Silver 2020

The currency markets have just announcedwhat is coming for silver. This was explained in my previousarticle.

The USD/ZAR ratio has now broken down. Thissets silver up to finish the year with a very strong rally:

Although silver has been strong since thepeak of the USD/ZAR ratio in April, this breakdown means that we are likely tosee an acceleration in price increases.

This breakdown also means that silver’s keybreakout is soon to follow:

A breakout would set silver up for theall-time high of $50, based on the flag-type pattern.

On this pitchfork previously featured, theprice is at an important battle for rights to move in the higher channel:

The path to $50 (possibly at the red line)has very little resistance. Dollarweakness is one of the main drivers for this setup.

Gold, silver and cryptocurrencies will feaston US Dollar weakness like hungry lions on weak prey.

What makes the current situation sosignificant is its position on the larger economic scale:

Silver is not just going to $50, but muchhigher.

For more on this, andsimilar analysis you are welcome to subscribe to my premium service. Ihave also recently completed a Silver Fractal Analysis Report as well as a Gold Fractal Analysis Report.

Warm regards,

Hubert

“And it shall come to pass, that whosoevershall call on the name of the Lord shall be saved”

http://hubertmoolman.wordpress.com/

You can email any comments to hubert@hgmandassociates.co.za

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