Gold and Silver Could Be Setting Up for Their Biggest Rally Yet!
Photo: CaptainAltcoin
Gold and silver are not having a great year, but one long-term chart is giving precious-metals bulls a very different reason to remain optimistic. Market analyst Tim Hack believes gold and silver mining stocks have already broken a multi-year resistance level relative to the metals themselves. He argues that the current pullback is a retest of that breakout and could eventually lead to a much larger move across gold, silver and mining shares. His most aggressive forecast calls for silver to rise 10x-20x over the coming years, with some miners potentially gaining 30x-100x. Those targets are clearly speculative.
Source: CaptainAltcoin
