$965310 (+1,94%) Silver nears its all time high in dollars. In 1980 it reached $49.95. Then in 2011 it briefly reached $49.50. With silver hovering around $48 we are at a crucial resistance.

Personally I think it's highly likely that this time the $50 mark will be broken. Why?
This is the longest silver has ever been above 40. This time its a gradual increase and not the quick peak we saw in 1980 and 2011.
Also the fundamentals look stronger than ever. Huge industrial demand on top of a monetary crisis. See my previous post for more fundamentals.
What do you think? I'd love to share opinions.
#silver #alltimehigh