In this chart we can see Silver
performance versus S&P 500
. Relatively silver
is undervalued and stocks are overpriced. It looks like silver
is breaking the longterm channel started in nineties, but in my opinion it's a false breakdown. Looking at the bear
market started in 2011, silver
downtrend is overstretched. I expect a sharp rebound of silver
while stocks to crash or consolidate.