Short Term Trading Week Starting: 5th Oct, page-168

  1. 2,796 Posts.
    Silver starting to really outperform gold at the moment. It's coming from a historically very low price when priced in gold, as shown by the current gold/silver ratio.

    Silver tends to significantly under-perform gold during bear markets greatly out-perform gold during bull markets, as trading over the past 10 years or so has shown:

    Silver2.jpg

    Silver out performing is possibly a sign of a tide turning in the precious metal space. I still think we're likely to see a final sell off before the next bull market, but there are more than a few hints around that we are near a bottom in this cycle.

    Silver outperforming gold is actually a bullish sign for both metals IMO, I just think silver has much more upside potential from here.

    That's a big reason to be bullish AZS at the moment, if they can sure up their Mesa de Plata, ultra high grade silver find.

    I know that there are plenty of smart people (including Brent Cook) interested behind the scenes.
    Last edited by Toxxxic: 08/10/15
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.