SILVER vs S&P 500

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.
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