In this report I cover the early market action from London on Thursday, June 7th, 2018. I look briefly at the precious metals, the stock market and the dollar.
Later in this report I focus on the silver and show the viewer why silver is the most undervalued of assets and why we could be on the cusp of a major move higher in the metal's price. I compare the silver chart to the Dow chart and let the viewers decide for themselves.
One of my conclusions is that fianacial assets like stock have been heavily manipulated by the powers that be and that it cannot go on forever and that the precious metals eventually reflect that by going a great deal higher and that silver will lead that move higher.
One of the best indicators right now pointing to the potential for silver relative to all other seets, gold included, is the gold to silver ratio which is basically the price of one ounce of gold in ounces of silver. I note that the this ratio is starting to move lower and that this usually means the start of a precious metals bull market.
