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Silver set to surge?

From blog.hycmlab.com Watch this video at https://www.metalsmine.com/news/1170344-silver-set-to-surge.

The gold/silver ratio is a helpful tool for assessing when it may be better to be in gold or silver positions. Over the last few months, the ratio has been steadily rising as it makes its way up to 100. If the gold/silver ratio does hit 100 then traders should be aware of the silver seasonal pattern that is in place which could potentially support any silver longs. Over the last 10 years, silver has had an annualised return of 43.29%. Yes, it has had the same up years as down years between July 31 and August 31, but the average return has still been a strong 3.11%. So, if the fundamentals are in place and the gold/silver ratio hits 100 then silver could be a great commodity to buy as we head into the end of the year.

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  • Category: Fundamental Analysis