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>> No.17572583 [View]
File: 560 KB, 3126x1961, 20200304.silver.1w.2003-2008-review.png [View same] [iqdb] [saucenao] [google]
17572583

>>17572219
Silver's current market structure doesn't look like 2008. From 2003 to 2008, Silver had a 5 year bull run that saw it increase about 360%. Then it dumped about 60% during 2009 before it resumed its bull trend.

Contrast that to 2020 where the past decade was bearish for silver. It's only now starting to show signs of life, but a proper bull trend hasn't started yet. With that said, I think 2020 has a lot of similarities to 2003. If there is to be another bull run for silver, this is the prelude to it. Price is relatively flat, but the moving averages are slowly lining up into a bullish structure.

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