first majestic silver

Memorial Day Thoughts On Gold And Silver 2020 - 2024

May 26, 2020

Memorial Day Thoughts

This Memorial Day of 2020 will always be ingrained in our mind for the horrendous Convid-19 virus affecting the whole world. At the same time, we all come to honor those health workers and fighters who have given life in the Invisible War.

We also deeply sense that an ongoing change in the global financial structure build on fiat paper currency will soon come to an end.  In this article we will explore the critical role of gold and silver in the change.

Exception   to the Great Depression Model

The Great Depression is a good and well recognized model for estimating the future path of various investment items.  The following picture showed the performance of the investments.  During that period (1920 – 1940), everything except for gold stocks collapsed in value.  This included the silver price.  However we believe all models have their limitation.  We believe that the silver price along with its bigger twin gold price will rise dramatically in the foreseeable future.

Chart 1 – Behavior of Various Investments during the Great Depression

On Gold & Silver Future

In our earlier articles, we had discussed the special signal of Gold-to-Silver Ratio (GSR) which is in the process of coming down in value from an unsustainable value of 127!  Since last week, silver price has indeed advanced more quickly than gold price.  In the following section, we have retrieved our forecasting models done last year.

Gold Price Forecast:  2020 - 2024

We believe a big Monetary Reset based on gold and silver will be unavoidable after 2024 at the latest.

Chart 2 – Gold’s Current Rise Similar to 1980 Peak

Silver Price Forecast:  2020 - 2024                 

Chart 3 – Silver’s Current Rise Similar to 1980 Peak

Summary

The following table summarizes our forecast results:

Afterthoughts

We are always amazed at the brave people who gave their life for others.  Two thousand years ago, a Christian leader once said:  Gold and Silver I don’t have.  What I have, I will give to you.”  Let this wonderful uplifting spirit be memorialized in our hearts and be passed onto future generations.

While we are thankful for God’s provision, we need to store treasures in heaven.

We are not certified or qualified financial advisors.  Please consult your certified financial advisors for actual trading and investing.

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F.T. Dao is a private investor and recently left the corporate world for technical analysis of stock markets.  He holds a PhD degree in physics and has done technical analysis of the market on the side for many years.  He welcomes constructive discussion and can be reached at:  [email protected]  , [email protected]


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