by Hubert Moolman
Silver Price Forecast: Silver Peak Likely Only After Dow Crash & Major Bottom
Last year, I produced the following chart and commentary (italics) to show how the Dow could crash like it did in 1929:
[…] Above, is a fractal comparison between the current period (1998 to 2015) and the 1920/30s, for the Dow (charts from tradingview.com). Follow the two patterns marked 1 to 5. I have also indicated where silver peaks and bottoms occurred, to show that both patterns exist in similar conditions. This means that there is a strong likelihood that the crash will occur.
If the Dow peak is in (at point 5), then it could free fall soon, much like the October 1929 crash. This could be the greatest Dow crash ever. Therefore, the greatest silver rally could be on its way (why?).
Here, I would like to add a little more.