Gold and Silver are kind of like Elon Musk and Kimball Musk. They’re related, but one of them gets almost all the attention. Let’s give Kimball, I mean silver, a bit of screen time.
Here is the Dow Industrials divided by silver futures. Pretty toppy, wouldn’t you say? It this completes, it means lower stocks, higher silver, or both. I’m thinking “both.”
Here’s a different perspective: long-term silver futures divided by the consumer price index. Looks very bullish! In other words, I think silver is going to be a great hedge against inflation.
And another ratio chart: silver futures divided by UUP, the US Dollar Index. Here, again, this looks bullish.
Thus, as we look at continuous silver futures contracts, it seems to me that silver has positioned itself for an extremely bright future!