It's 1978 All Over Again in the Silver Market

1979 was the breakout. We are reliving the 1970s silver market almost exactly.

• The patterns of the 1970s are repeating themselves in the current silver market.

• Double top, two-year decline, 3 year slog back up, breakout.

• Mining stocks have historically moved from all-time lows to all-time highs very quickly. We are now at all-time lows.

• Money supply is growing again, but that will stop when the RRPs finally run out. They are at $500B still.

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I just discovered this. I don't know what took me so long. I featured this on the Silver Report on Chris's channel but I wanted to be more precise here.

The patterns of the 1970s are repeating themselves almost exactly. It's creepy how well they fit. August 1971, Nixon closes the gold window, or more accurately relegates the gold window to the private gold market, which back then was only jewelry. Americans couldn't legally buy gold coins. That's how insane it was.