The Historic Breakout Everyone Missed
While headlines focused on the near-$40 price, Mike’s charts tell a bigger story. Silver has broken above every quarterly and monthly close from the 2011 peak. More importantly, a massive 45-year cup-and-handle pattern, forming since 1980, appears ready to launch.
“By quarterly close measures, we’re above any close from 2011. By monthly close, same story,” Mike explains. “We’ve broken out of ranges that have contained silver for generations.”
The technical setup suggests minimal resistance ahead. Mike’s analysis shows only about 2.5 months of historical trading above current levels, meaning little overhead supply to slow any advance.