Silver – The Most Underpriced Asset In The World
In this regard, this long-term chart is showing a very clear picture of the great prospects for silver, which I think is the most underpriced asset in the world.
We’ve spoken about this chart before, Eric. And because it is a long-term chart spanning over a few decades, it can seem like nothing has changed. But with each passing week, this “cup and handle” pattern continues to develop.
Graph Above Is One Of The Most Ominous Charts I've Seen In My 50-Year Career
This pattern being developed makes this chart without a doubt one of the most ominous charts I have ever seen in my 50-year career, and I have seen a lot.
Now of course a long-term chart like this one that spans four decades is not saying that silver has turned higher and the bull move has resumed. But it will do two things. It will help you identify an underpriced asset that is being accumulated by strong hands, and second, it will keep you on the right side of the market because this chart is shouting “higher prices are coming."