Silver's 44 Year Cup & Handle 'Now, I Believe MID TO HIGH Triple Digits Are Baked in the Cake'

In this video, we decode the complex relationship between silver prices and the growth of currency supply since 1980. Unveil the potential of silver rising to triple-digit territory, with technical analysis suggesting a leap well into the high triple digits. We're not just talking about a jump from $50 to $100; we're projecting silver could hit staggering heights, potentially reaching $921 per ounce based on average estimations across various economic metrics.

Inspired by America's classic hit, this discussion is a homage to all the "lonely" silver investors who've patiently awaited silver's moment. If you've felt like life has passed you by while waiting for silver to break its historical high, this video promises a glimmer of hope and a journey to potentially lucrative returns.

Strap in as we also explore global trading dynamics, particularly how Eastern markets are influencing silver's fate against Western trends. Understand the strategic shifts from gold to silver investment in global powerhouses like China, and why this could be a game-changer for silver enthusiasts.

Stay tuned as we blend nostalgia with keen financial insights, making this not just an analysis but a thrilling exploration of what could lie ahead for silver prices. Don't miss out on understanding how historical highs and intricate chart patterns converge to signal a possible silver rush that could redefine your investments.

Remember, while the potential for profit is tantalizing, the journey of investment is fraught with twists and turns. Subscribe and stay updated as we continue to navigate the volatile waters of precious metals markets together.
-----------------------------------------------------------------
GoldSilver is one of the most trusted names in precious metals. Since 2005, we’ve provided investors with both education and world-class bullion dealer services.

We offer a wide selection of bullion products, private vault storage, global shipping, and easy payment choices.




Check out our sister channel Wealthion @Wealthion featuring regular guests such as Jim Rickards, Rick Rule, Stephanie Pomboy, Lance Roberts, John Hathaway, Alisdair McLeod, Simon Hunt, John Rubino, Jim Rogers, Marc Faber and more.

As always, thank you for your support. M.

[mikebrown]

“High triple digits baked in the cake.” May those words go from Mike’s mouth to Gods ear.

[SandwichKing-ljej]

When the paper market eventually breaks down if run on physical, silver will likely skyrocket.

[ericsanjuan]

10 years ago I used the price the my parents bought their house, and what's its worth now, yes 10 years ago.
Doing that basic math I got silver should be $800

[justinevansgsmswaw]

Morgan’s, many minted before 1900, were one dollar. Today, one Troy ounce of AG is just under $30. So, in well over 100 years silver went from $1 to $30 essentially. Nothing is even close to this undervaluing.

[LarsLarsen]

I'm not a stacker, I am just a TA trader, and when I saw the silver chart confirm those massive patterns I decided I was patient enough to wait for them to play out.

[apaeth]

It's not how high silver goes in dollars that matters. It's how far the bubble assets like real estate and equities fall in terms of an oz's purchasing power.

[whereeaglesdare]

Let’s not break out the champagne until we break $50.

[johnboettger]

I started investing in silver back in 1345. I'm still waiting, but I know my
time will come. I will rule the world some day. I remember 50 years ago when
Mike first started his push in silver. His day too is coming.

[emperorsnewclothes]

Bread was about 0.50cents in 1980 now it's about $3 depending on where you live, so even bread is up 6x since.

[ryanpatterson]

$971/oz silver would make me a very happy man!

[viperviperpiro]

i saw this cup and handle pattern 3 years ago... problem is, we are going to wait for another 10-20years for it to fully hit the peak price!

[gordongadbois]

i appreciated Jim Willie's assessment following Fibonacci numbers back a few months ago @ $22 and change. Hit $30 then $50, $130, $180, $310, $490, $800, $1290, $2090, $3380, $5470, . . . Who knows where it will end up but it's a natural progression ratio. Just repeating what Jim put out there.

[alexisvolleyball]

I think it’ll pause around $800 for about a year then get up to about $1, 500 within 3 years

[superapex]

Since the Industrial revolution, we have lived in a world where the amount of goods and services produced went up exponentially while the supply of real money (gold) was stable - that should have led to a matching exponential rise of our standard of living.
Now that we have practially de-industrialized the West, we live in a world where the production of goods and services is stable - if not declining - and it is DEBT which is rising exponentially!

HOW ON EARTH DID WE GET HERE???

[OurHeroXero]

√ Cup and Handle
√ Inverse Head and Shoulders
√ Quintuple top
√ Global debt crisis
√ Inflation/Money Printing

What's the case _against_ gold again?

[rogerdrews]

Im positive James Turk, Schiff and Ghaddy out of Switzerland have pointed this Cup n Handle out. Our club has the last 2 or 3 years, and i individually did nearly ten years ago (before the handle fully formed).

[alby]

20 years payoff is all yours, Mike. We toast to your riches and wealth of REAL MONEY.

[DiscoverTruth-ylpr]

I'm selling 50% of my silver if it hits $250 per ounce. It'll wipe out my debt plus some.

[GC_]

I’ve been watching this 40+ year cup and handle since I heard it from Bo Polny a year or two ago. Not a big fan of his anymore but still agreed with most of his technical analysis. Anyway…can’t wait for this final move. Appears as though we’re very close now!

[andreavandekleut]

getting excited for prices like that but then again, what sorry state will most people be in, when silver goes this high??