Silver and Stocks
We all know that the stock market has already broken down hard in terms of gold. Silver is a different story. Silver is still in a long term flag pattern with stocks, dating back to September 2018. I think when we see the stock market really start to break down in terms of silver, that’s when we’ll be off to the races in the precious metals market. Until then, we weather the storm with everyone else.
Silver has no business losing out to stock this time IMO. It is a monetary metal.
Also, those big black candles do not bode well for stocks vs silver going forward.