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 has been doing some amazing things lately. Allan, why don't you take us through your presentation here? No, everybody wants to know, is it too late? Because you know what is sad is uh when you read in the comments uh and when you do some research, you find that at local coin shops, there's a lot of people that are selling. And when that is done, and it will be done sometime soon, first of all, they're going to regret it. But second of all, without the people selling, it will explode. And just wait

until gold also gets into all-time highs again. Once gold and silver are both in all-time highs, I think silver is going to turn into a rocket ship. In the comments, uh, and when you do some research, you find that at local coin shops, there's a lot of people that are selling. And when that is done, and it will be done sometime soon, first of all, they're going to regret it. But second of all, without the people selling, it will explode. And just wait until gold also gets into all-time highs

again. Once gold and silver are both in all-time highs, I think silver is going to turn into a rocket ship. First of all, this is from the end of last month, but uh take a look at the little cup and handle there. >> Mhm. Right. So, we've made a cup and handle that we've broken and then there's a bigger cup and handle that goes from 2011 uh that we we broke a while ago. Exactly. I mean, it is about to to just do some spectacular things in a very short period of time. You know, Alistair Mloud is somebody that I've got

great respect for. He's a wonderful analyst. He's a a great writer and uh he's dedicated his entire life to this uh you know he's been he's one of the people that has been in it for years and years and years. So um I you know he might go back further than I do in this. There are so many Johnny come latelys now that have just jumped on this because it's it's really getting going and ramp ramping up. But uh Alistister is somebody that has seen it all. And so I think that he is right here that uh

you know it might be the not be the entire derivatives business because Wall Street is always going to try and game the system and change everything into a fractional reserve scheme. [music] There's also the massive 45-year cup and handle pattern that traces all the way back to 1980. I'm fairly certain I was one of the first to identify it and now we've officially broken out of it as well. When you look at how powerful these long-term patterns tend to be, the upside potential is enormous. If you're

a technical analyst, you're getting silver price projections that are downright breathtaking. One analyst is even calling for $85 silver within the next 3 to 4 weeks, possibly even higher. We can't know for sure, but the setup is there. In one of our recent videos, we compared today's market structure with the bull run of the 1970s. Back then, silver surged, paused, and then broke out again right at the end of November. That final breakout led to tripledigit silver. I suggested that maybe we simply

need to move the decimal point one place to the right to understand where this cycle is headed. And many viewers agreed. Some comments on this topic are saying even $85 is too conservative. They're talking $100 next then $200, arguing that the system is breaking, the bullion banks are losing control, and real price discovery is finally coming. And honestly, that sentiment is growing stronger every day. Another comment that caught my eye said, "We are witnessing the destruction of a rigged market in

real time. What a time to be alive, and what a time to be a silver stacker." I couldn't agree more. Now, when you zoom way out back into the 1960s, you can barely even see the smaller cup and handle that we just completed. That's because this chart uses three-month data points, essentially a quarterly view. That's also why the 1980 peak shows up as around $26 to $28 instead of near $50. But what matters is this. The 45-year cup and handle has been broken on the quarterly chart. We're off to the

races. But what happens when you adjust for CPI? Well, silver is finally breaking above 45 years of inflationadjusted resistance. Kaboom. And keep in mind this is using the CPI calculation we know has been heavily modified since the 1980s. If anything, true inflation would make silver look even cheaper today. Look at that inflationadjusted 1980 peak. It's massively higher than where we are now. This shows just how undervalued silver remains. Once silver pushes above the 2011 high in inflationadjusted terms and

once this giant 45-year pattern fully plays out, that's when the real fireworks begin. Right now, we've only lit the fuse. So, people ask, should I sell? Personally, I can't imagine selling here. What would you even rotate into? In my view, this remains one of the best opportunities available. Absolutely. And I'm excited, too. Before we go any further, I want to remind everyone that I'll be hosting a live Q&A on Zoom on Tuesday, December 9th from 12 to 1:00 p.m. Eastern. If you've ever

wanted to ask me questions directly, this is your chance. It'll feel just like chatting at a conference only online. I'm really looking forward to it. You can register at golds.com/askalen. Hope to see you there. Now, moving on. Alistair Mloud recently commented, "I think the paper game is being fractured through silver and then gold. We'll look back on these events and say they marked the beginning of the decline in the entire derivative business." That's a powerful statement. I have tremendous

respect for Alistair Mloud. He's an exceptional analyst, an excellent writer, and someone who has devoted his entire career to understanding these markets. He's been watching this system for decades, long before most of today's latecomers joined the conversation now that things are heating up. Alistair has lived through every cycle and every manipulation attempt. So when he says we're witnessing a fracture in the paper markets, I take that seriously. He may not mean the complete collapse of the

entire derivative system because Wall Street will always try to reinvent the game and turn everything into another fractional reserve scheme, but he's clearly pointing to a major turning point. And honestly, he's right. Something is breaking and silver looks like the trigger. Take a look at this chart. There's a clear wedge formation and the gold silver ratio is breaking lower. That tells us one thing. Silver has been outperforming gold over this period. The ratio is sitting in the low70s right now. Back during COVID, I

made several large silver purchases when the ratio was above 100. I didn't quite catch the 120 to1 spike, but I did secure a lot at around 110 to1. Even at today's level near 70, silver is still incredibly cheap. Remember, in 2011, the ratio fell to around 30. In 1980, it dropped to 14. And with the fundamentals we're seeing today, I wouldn't be surprised if the ratio goes far below 14 in this cycle. You asked me to build this chart specifically for this discussion and honestly it turned out

beautifully. One thing to note, the entire chart is inverted because I wanted it to visually rise whenever silver outperforms gold. You could use a silver to gold ratio chart, but then the numbers become decimals 0.02 0.03 and our brains just don't interpret that as easily. Using the gold silver ratio keeps everything in whole numbers. On this chart, when the line goes up, silver is outperforming gold. Do like, comment, share, and subscribe. And don't forget to hit the bell icon for more

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