Loading ...The last time Silver ran up near $50, it lagged gold for a long time. Gold started up in ’01, and was climbing very nicely all by itself, at 17% per year until 2011.
Silver did nothing from ’01 until 2010 and suddenly flew straight up from $18 to $48 in a matter of MONTHS, peaked early 2011 and crashed taking gold down with it. I blamed Silver for throwing Gold off stride.
Maybe it will repeat itself again. Silver is like those penny stocks, or bulletin board over the counter stocks. They can FLY, than look out.