Rare Bullish Signal In Gold Triggered For First Time Since 2015

Gold keeps reaching new highs, but silver stays dormant. What's the deal? The deal is October 1978, when gold finally broke to new highs from 1974 but silver did basically nothing. Three months later though, by the beginning of 1979, silver began its parabolic run to $50.

In this week's silver report, Rafi Farber shows the very rare bullish signal in gold last triggered at the end of 2015 - the end of the last gold bear market and the beginning of the current bull. It is likely that we have only just begun the bull run that will pull gold to $10,000 and will, by the end of the process, drag silver into the triple digits.

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Arcadia Economics

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