Silver has gone parabolic in safe haven trade. As stated in the analysis, Bitcoin was not a real hedge against inflation, and would not act as a safe haven. Gold and Silver were the best as historically is always the case. The move in Silver appears to coincide with a breakdown in the global economy.
Monthly Chart
Silver went parabolic into the Davos World Economic Forum event where it was recognized that globalisation has ended.
ReplyDeleteI've said for several years that a big move in Silver was coming...
ReplyDeleteI'm wondering if this is gonna drop
ReplyDelete