I watched an interesting video relating to the correlation between Silver & Gold,, as well as Silver & Copper over the past few decades.
The correlation was quite high generally for both: 0.7's and 8's over the longer term and even higher over the past 12 months.
More interestingly, someone had averaged out copper and gold (together) and plotted that out against silver. The combined gold/copper chart compared to the silver plot registered in the 0.9's... for correlation.
Lesson ,, keep an eye on copper as well as gold..
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