[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Keto, Ivermectin, & Fenbendazole: New Cancer Treatment Protocol Gains Momentum

Bill Ackman 'Hammered' Charlie Kirk in August 'Intervention' for Platforming Israel Critics

"I've Never Experienced Crime Of This Magnitude Before": 20-Year Veteran Austrian Police Spox

The UK is F*CKED, and the people have had enough

No place for hate apeech

America and Israel both told Qatar to allow Hamas to stay in their country

Video | Robert Kennedy brings down the house.

Owner releases video of Trump banner ripping, shooting in WNC

Cash Jordan: Looters ‘Forcibly Evict’ Millionaires… as California’s “NO ARRESTS” Policy BACKFIRES

Dallas Motel Horror: Immigrant Machete Killer Caught

America has been infiltrated and occupied Netanyahu 1980

Senior Trump Official Declares War On Far-Left NGOs Sowing Chaos Nationwide

White House Plans Security Boost On Civil Terrorism Fears

Visualizing The Number Of Farms In Each US State

Let her cry

The Secret Version of the Bible You’re Never Taught - Secret History

Rocker defames Charlie Kirk threatens free speech

Paramount Has a $1.5 Billion South Park Problem

European Warmongers Angry That Trump Did Not Buy Into the ‘Drone Attack in Poland’

Grassley Unveils Declassified Documents From FBI's Alleged 'Political Hit Job' On Trump

2 In 5 Young Adults Are Taking On Debt For Social Image, To Impress Peers, Study Finds

Visualizing Global Gold Production By Region

RFK Jr. About to DROP the Tylenol–Autism BOMBSHELL & Trump tweets cryptic vaccine message

Elon Musk Delivers Stunning Remarks At Historic UK March

Something BIG is happening (One Assassination Changed Everything)

The Truth About This Piece Of Sh*t

Breaking: 18,000 Epstein emails just dropped.

Memphis: FOUR CHILDREN shot inside a home (National Guard Inbound)

Elon Musk gives CHILLING WARNING after Charlie Kirk's DEATH...

ActBlue Lawyers Subpoenaed As House GOP Investigation Into Donor Fraud Intensifies


Business/Finance
See other Business/Finance Articles

Title: Here’s How Explosive—and Short-Lived—Silver Spikes Have Been
Source: [None]
URL Source: https://goldsilver.com/blog/heres-h ... livedsilvers-spikes-have-been/
Published: Mar 31, 2021
Author: Jeff Clark
Post Date: 2024-09-21 15:05:45 by BTP Holdings
Keywords: None
Views: 1087
Comments: 5

Here’s How Explosive—and Short-Lived—Silver Spikes Have Been

Jeff Clark, Senior Analyst, GoldSilver.com

MAR 31, 2021

We all know silver is a small market and therefore volatile. We also know it outperforms gold. And if you’ve participated in one of its spikes, you know the gains can be both quick and breathtaking.

But what some investors may not be aware of is that those spikes have historically not lasted long. The bull market may last a long time, but the big spikes are usually short-lived.

Silver can be a lot of fun when it goes vertical, but those vertical slingshots have typically not lasted long. I think this “DNA” aspect of silver is important for investors to be aware of.

Here are all of silver’s biggest spikes since 1970, as measured from when it first broke out to its peak. I also added how long each of those runs lasted.

In almost every case silver’s big run-up can be measured in months. None last more than a year.

Again, this is not measuring bull markets, just the spikes. However, in many cases the silver price didn’t move all that much prior to the spike —and usually trailed gold—but when it took off, it rose like a rocket.

There’s another observation to be aware of. Silver’s volatility works both ways: in most cases the price deflated after it peaked, handing back much of those gains.

The pattern is almost predictable: ignite, spike, deflate. Many times in the middle of a bull market.

Pulling all this data together tells us investors three important things:

1. It is normal for silver to rise very sharply. The average gain of all spikes since 1970 is 150.4%.

2. The duration of silver’s spikes is short. The average duration has been just 7.4 months.

3. Big runs in silver can happen anytime, but the average time between spikes has been 3.5 years.

Perhaps the biggest message to investors is that one must buy before the spike kicks in. Once it erupts, you’ll be chasing a train that’s already rolling down the tracks. You’ll not only pay a higher price but a higher premium as well, since demand usually jumps when prices do.

Are there exceptions to this behavior?

The outlier in 1979/1980 gives us a hint. Big crises—especially monetary ones—cause big silver runs.

If one accepts Mike Maloney’s premise, that there will be an “accounting” between the price of gold and silver and the amount of excess currency creation, then we can expect at least what we saw in the 1970s. It could truly be breathtaking.

If Mike is right, silver investors should prepare for the run of their lifetimes.

If interested, here’s the way I’ve been buying silver recently to keep costs down.


Poster Comment:

Chart at source.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: BTP Holdings, 4um (#0)

I wonder if that really big one was when the Hunt brothers were trying to corner the silver market? I don't remember when that was.

“The most terrifying force of death comes from the hands of Men who wanted to be left Alone.
TRUE TERROR will arrive at these people’s door, and they will cry, scream, and beg for mercy…
but it will fall upon the deaf ears of the Men who just wanted to be left alone.”

Esso  posted on  2024-09-21   15:10:33 ET  (1 image) Reply   Trace   Private Reply  


#2. To: Esso (#1)

Big move the last year of the Carter collapse, any bets on Joe "one upping" him?

ghostrider  posted on  2024-09-21   16:34:49 ET  Reply   Trace   Private Reply  


#3. To: ghostrider, 4um (#2)

I dunno. Last week Ag was over $30 and Au was north of $2600. Shit's so crazy I have no idea what's next. I'm kinda hoping that me and Kimmy can make it 'til Monday morning without any assassination attempts. Or nuclear wars.

“The most terrifying force of death comes from the hands of Men who wanted to be left Alone.
TRUE TERROR will arrive at these people’s door, and they will cry, scream, and beg for mercy…
but it will fall upon the deaf ears of the Men who just wanted to be left alone.”

Esso  posted on  2024-09-21   17:01:28 ET  Reply   Trace   Private Reply  


#4. To: Esso (#1)

I wonder if that really big one was when the Hunt brothers were trying to corner the silver market?

Yes, it was.

Ricky  posted on  2024-09-21   18:21:37 ET  Reply   Trace   Private Reply  


#5. To: Ricky (#4)

Thanks.

“The most terrifying force of death comes from the hands of Men who wanted to be left Alone.
TRUE TERROR will arrive at these people’s door, and they will cry, scream, and beg for mercy…
but it will fall upon the deaf ears of the Men who just wanted to be left alone.”

Esso  posted on  2024-09-21   18:51:30 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]