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Oct 28, 2024 | 
seekingalpha.com | Hubert Moolman
Oct. 28, 2024 9:17 AM ET, , , , , , , SummaryThe current setup on the silver chart is a lot like the start of the silver bull market of the early 2000s. Late 2003 was still very early in the bull market, an excellent time to buy. Price will probably soon move back inside the channel, just like it did in December 2003 and stay above the blue line for the rest of the bull market. The current setup on the silver chart is a lot like the start of the silver bull market of the early 2000s.
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Oct 28, 2024 | 
silverseek.com | Hubert Moolman
The current setup on the silver chart is a lot like the start of the silver bull market of the early 2000s. In those days silver was under $5 and considered cheap.
The current bottoming pattern from around 2014 to now is very similar to the early 2000s bottoming pattern (see the chart below).
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Oct 24, 2024 | 
gold-eagle.com | Hubert Moolman
When I am asked about my view as to how markets work, I try to simplify it to the lowest common denominator. So, while many will express their opinion on market drivers in relation to the Fed, or interest rates, or GDP, or employment, or other similar economic factors, I say that market history and current market studies suggest that those are meaningless to the bigger trends. To put it in its simplest terms, when market participants are most bearish, markets tend to bottom and begin a rally.
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Oct 24, 2024 | 
silverseek.com | Hubert Moolman
Since the creation of the Federal Reserve, the Dow Jones has significantly outperformed silver.
It was only during brief periods before the 1919 and 1980 silver peaks that silver was able to outperform the Dow (see the Dow/Silver chart below).
The Dow/Silver ratio needs to rise above the double blue line in order to reach parity with the Dow since the creation of the Federal Reserve. In current prices, that would mean silver's price needs to be above $340.
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Oct 24, 2024 | 
seekingalpha.com | Hubert Moolman
Oct. 24, 2024 9:08 AM ET, , , , , , , SummaryIt was only during brief periods before the 1919 and 1980 silver peaks that silver was able to outperform the Dow. The Dow/Silver ratio needs to rise above the double blue line in order to reach parity with the Dow since the creation of the Federal Reserve. In current prices, that would mean silver’s price needs to be above $340.
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Oct 15, 2024 | 
silverseek.com | Hubert Moolman
Just like the gold chart, the yearly silver chart appears to be close to going parabolic. Whereas gold is stepping up to monetary dominance, silver is stepping up to monetary restoration.
The yearly chart above also shows how important the current level (around $32) is.
The U.S. dollar silver chart has “steps” that go back to the 1800s. Step 1 is from 1864 high to 1972, and Step 2 is from January 1980 to the current time.
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Oct 15, 2024 | 
seekingalpha.com | Hubert Moolman
Oct. 15, 2024 8:40 AM ET, , , , , , , SummaryThe yearly silver chart appears to be close to going parabolic. Whereas gold is stepping up to monetary dominance, silver is stepping up to monetary restoration. This time, the monetary reform cycle happens to coincide with the gold and silver “step” change. Just like the gold chart, the yearly silver chart appears to be close to going parabolic. Whereas gold is stepping up to monetary dominance, silver is stepping up to monetary restoration.
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Oct 8, 2024 | 
seekingalpha.com | Hubert Moolman
Oct. 08, 2024 8:30 AM ET, , , , , , , , , , , , , , , , , , , , , SummaryGold already broke higher than its peak in March of this year. This was a clear indication that it is likely a matter of time before silver would also break higher. Silver is now close to making a similar breakout about 32 weeks after the gold breakout. By the time silver catches up with gold, there is often already good momentum in the market. This often makes silver’s breakouts more decisive.
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Oct 7, 2024 | 
silverseek.com | Ed Steer |Hubert Moolman |Jesse Colombo
There is a similarity in how gold and silver trade at the same time period and also how they trade at similar milestones, despite the fact that those milestones are sometimes reached at different times.
This can cause silver or gold to be the leading indicator, depending on the particular milestone. However, for the most part, gold has been the leading indicator.
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Oct 2, 2024 | 
seekingalpha.com | Hubert Moolman
Oct. 02, 2024 9:29 AM ET, , , , , , , , , , , , , , , , , , , , , SummaryDuring the 2008 GFC, the monetary system faced a significant challenge. In a gigantic effort to contain the financial crisis, large amounts of US dollars were created by increasing the monetary base. By March 2020, the monetary system was again facing a crisis (but with another name). Again, large amounts of U.S. dollars were created to deal with the problem. The financial system is still standing, but for how long?
