These three charts say silver prices could skyrocket

Lombardi Letter/Moe Zulfiqar

photo of 100 ounce silver bullion bar“If you are looking for the next big trade, then pay very close attention to silver prices. In a few years, we could be looking back at silver at $18.00 per ounce and saying, ‘That was a dirt cheap price.’ Understand this: at the moment, silver could be one of the most overlooked assets out there. Ignoring it could lead to missing out on immense gains.”

USAGOLD note:  The Lombardi Letter goes on to show three charts to make the point – the gold-silver ratio, the correlation between silver and the S&P 500, and the growing contract volume on the COMEX.

Repost from 2-24-2020

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