The white metal jumped higher decisively, rallying above the June highs and the SLV ETF soared.

There are high chances of the U.S. recession arriving somewhere between the second and the fourth quarter of 2020.

The current expansion already goes on for 121 months, becoming the longest economic boom in the US history.

As the monetary growth is believed to lead financial conditions, the slow rate of money-supply growth increases the risk of recession in the coming months.

The gold-silver ratio, silver itself, and many factors all suggest that the most recent move higher in the precious metals sector is nothing more than just a corrective upswing within a bigger trend

It sounds as if we would be already in the recession!

The current expansion already goes on 120 months, the same as the economic boom lasting from March 1991 to March 2001.

The yellow metal moved higher and closed the day visibly above the $1,300 level.

Many precious analysts stop their analysis at gold’s US dollar analysis alone. Sometimes they add silver or mining stocks to the picture, but silver’s non-USD performance is almost never discussed.

The global economy is slowing down. How serious is the current slump?

It is very possible that the FOMC members will align their outlook for the federal funds rate with the pledge of being patience. Gold may gain, then.

Bitcoin was designed to mimic gold, but it has still to prove its moneyness.