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RE: EOD Market Update on Silver (SLV) 10/10/2017

in #investments7 years ago

Nice analysis mate :)

Very bullish on Silver and Gold here. For Silver, it's also worth looking at the ratio of silver to gold price. We can see silver is at very low valuations compared to gold, and it usually doesn't stay here very long.

So there's reason to believe that if precious metals continue to be bullish, that Silver will appreciate faster than Gold will.

Here'es the ratio historically you can see it swings between 80 and 40 in recent years