Silver

I know you are tired of me saying, “big patterns lead to big moves” but the charts to follow will show you exactly what I mean by that statement.

Silver peaked at $50 in the early 1980s, peaked again at $50 in 2011 but has declined 65% since then in a uniform falling channel. The recent move higher, however, sends a bullish message to Silver owners. Below are 2 charts that illustrate the situation.

Many articles make reference to the price of gold costing x dollars per “troy" ounce (i.e. ozt). Why is the term "troy" used? And what do the terms "karat" and "carat" mean?

I remain very bullish on this sector, and the recent rally is likely just the beginning of a multi-year move higher in the gold mining space.

Silver has been in a descending triangle over the past 8 years but looks to be nearing completion. This suggests a large move in Silver is near.

This market looks gorgeous, and has lots of upside potential in 2019.

Time is money so munKNEE.com scours the web every day; finds the best-of-the-best gold/silver articles (and other financial-, economic- and investment-related articles) available and then re-posts them in an "edited excerpt" format to provide a fast and easy read for the discerning reader.

Talk about having an opportunity handed to you on a silver platter! Whether it’s buying shares of SLV or purchasing physical bullion, there really isn’t much of a downside at this point. If you haven’t staked your claim, now’s a good time to do it.

Some say that $15/ozt silver is a bargain - "a screaming buy!"- but are there any fundamentals and/or technical factors to support such claims?

Why do some analysts argue that the gold:silver ratio should reflect the relative rarities of the two metals in the ground and therefore be 10:1 or lower? I don’t know, but it isn’t a valid argument. Neither is the argument that the gold:silver ratio should be around 16:1 because that’s what it averaged for hundreds of years prior to the last hundred years. So, what should it be?