| | | | Why Silver Still Has Massive Upside
Here's what most people don't realize — even though silver is a top performer this year, it's still massively lagging gold's proportional move. This isn't just my opinion.
The math tells a clear story.
When I run the Fibonacci analysis on silver's chart relative to gold's historical moves, something remarkable appears. If silver caught up to where gold is now on a proportional basis, we're looking at approximately $300 per ounce.
Think about that for a moment...
That's roughly 400% upside from current levels, compared to gold's remaining 50% potential. The opportunity in silver still dwarfs what's potentially left in gold.
When I mentioned this setup to Jack on Market Masters, his response was immediate…
No way.
I get the skepticism — $300 silver sounds outrageous until you look at what silver did the last time it went parabolic. It's done this before — it went straight up.
The Part Nobody Wants to Hear — But You Need to Understand
Look, I'm not here to blow sunshine. The higher silver climbs, the more dangerous this trade becomes. This isn't going up forever, and we're not setting a new base floor at $300 an ounce. The metal will likely come back down eventually.
Remember what happened after the last silver parabolic move? A 75% correction. Gold could face something similar. This is about capturing a piece of an extraordinary move, not becoming a permanent silver bull.
If you didn't accumulate last summer when I was pointing this out, you're late to the party — hate to break it to you. That doesn't mean there's no opportunity left, but it does mean you need to be extremely careful with position sizing and risk management.
For those looking at leveraged plays, something like ProShares Ultra Silver (AGQ) — the 2x silver ETF — could potentially deliver 800-900% if silver hits the full target. Maybe you buy a few shares and potentially 10x your money.
But understand what you're getting into — because as I’ve discussed at length, leveraged ETFs can blow up in your face in a hurry.
The setup is there. The historical precedent exists. The proportional lag to gold creates a mathematical case for massive upside. Just don't confuse a great trade with a permanent investment strategy.
Get your piece, manage your risk, and don't overstay your welcome.
Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube!
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