Pull up a 4 year chart for both Gold & Silver. You see that gold broke above the $2100 point that was the effective top for 4 years.

So far, using Friday’s high point around $2450, gold is up about 16% and looks like, even if it needs to correct,(a possibility, not a prediction) there is likely much more upside from here, over time.

Now, look at the silver chart. It too, has a 4 year sideways pattern, like gold, with $30 being the breakout line, much as gold’s was $2100.

Historically, when silver catches up to gold breakouts, it usually doubles in percentage terms, the upside gold moves. That would project, that silver should reach the $39 area, once $30 is breached.

Obviously, if gold keeps moving higher, silver projects to exceed $40+. For now, an immediate target in the $39 range in the next month or so is likely, given that it has been only a little more than a month, since gold achieved it’s breakout of the four year sideways pattern.