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USV - Favourable Conditions Are Likely To Propel Silver Much Higher
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With the significant decline in the US Monetary Base since 2016 (see here), there are some serious threats facing the monetary system.
These are setting up really favourable conditions for silver prices and the position it has in the international monetary system. The expectation for much higher silver prices is certainly reflected in the charts.
I have previously presented this chart (now updated) to show how the current bottoming process (2015 to 2018) is similar to that of 2001 to 2003:
I have marked the two patterns (1 to 5) to show how