this is my own interpretation of the multidecade waves connection, I borrowed the chart. From my point of view, there are two possibilities of where we are now compared to the 1960-1980 chart. I don't buy the cycle high in 2016, for instance by 2020 we could be running out of mineable silver, do I assume that has no impact on the price?

what might, is that at a certain price level, all silver becomes recycleable.

The two options are annotated vis where we are now vs before. Waves are such that over such a long period of time it's quite feasible that the waves of the this series will morph into something different.

Also, as the fundamentals are widely different, it's also feasible that the multiples of waves will alter.

I think the only thing you can take away from this - is that if we are still in primary wave 1 for silver, there is a considerable amount of bull market yet to go.

http://www.imageno.com/r9ac9e2hecr3pic.html