"Silver has typically traded to gold at a ratio of about 17/1. Currently that ratio is about 50/1 so 2 things can happen"
The gold silver ratio is currently 79 and has been above 70 since the start of October. I cant remember the last time the gold silver ratio was typically 17 and above 80 historically is very high.
Silver follows gold but with higher volatility during gold advances so CQT should do well here. If gold breaks away above US$940 then i would expect silver to outperform and return to a gold/silver ratio less than 60.
Breaking out from the recent base formation with most other small PMs is a good sign for CQT.
CQT Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held
