Crude Oil, US National Debt, and Silver

Jon Blogosphere, Economy, Energy, Fiscal Policies, Market Commentary, Precious Metals, Silver

Conclusion:
Crude oil and silver prices have crashed before, and they will again. But the one constant in our financial universe that seems inevitable, for the foreseeable future, is increasing debt. Crude oil and silver prices will follow increasing debt.
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Examine the following chart of monthly crude oil prices. In the past 26 years crude oil prices have crashed 65%, 59%, 54%, and 76%. The current crash is about 51% so far.

Examine the following chart of monthly silver prices. You can see similar crashes of 64%, 46%, 51%, and 68% since 1986. Prices rallied after these crashes and went considerably higher. Sometimes it took years, but like the national debt, silver prices have substantially increased since 1913.

This post was published at Deviant Investor on December 23, 2014.