by Wealth Wire, SilverBearCafe.com:
I have previously written about how gold can be used as a leading indicator for silver.
Using this principle, there is an indication that we are at or close to the period for a 1979/1980 style rally in silver.
The following is a simple concept but can make for some intense reading (a lot of concentration and possibly re-reading is required).
Below is gold chart from 1968 to 1975. I have highlighted a cup formation that formed from 1969 to the end of 1971. It took about 33 months to form the cup. If one counts 33 months (the time the cup took to form) after price went higher than the peak of the cup, then one gets to the point where the final rally to the peak started.
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