Silver Dollar Values Prices Skyrocketing, Gold/Silver Ratio Guarantees $140 Silver Price Zoom
You will find many indicators advising that we're close to a point exactly where silver may catch up with gold, compared to its 1980 high, in a large way. Our current evaluation of the gold/silver ratio also appears to advocate this. Read on...
FOR IMMEDIATE RELEASE
PRLog (Press Release) - Sep 19, 2012 -
There's a well-established connection in between how gold and silver trade. They frequently trade comparable in exactly the same time period, but additionally at comparable milestones, even though these milestones are occasionally attained at different times. This could trigger gold or silver to become the top indicator, based on the specific milestone. How high will silver go? Learn more >> http://www.silverpricestoday.cc/
We have previously utilized this connection to predict just how silver will trade. Presently, there's an additional scenario in the gold and silver marketplace that provides a chance to predict how silver prices may trade over the upcoming months. We have pointed this out prior to, in a prior post. Right here, we would just like to offer an update, as well as add a couple of more views.
This scenario or chance revolves about the 1980 all-time high for each metal. Gold passed its 1980 all-time high throughout 2008, while silver is however to complete so. By taking a look at the pattern of how gold passed its 1980 high, we are able to predict how silver may do it also.
From the precious metals charts, you are able to see there's similarity in how gold and silver approached their 1980 high. Silver and gold produced a triangle-type pattern just prior to it reached the 1980 all-time high. Any time it came out of that triangular pattern, it rallied powerfully to the 1980 high, which began the development of a flag-type pattern. Rare Coins, Silver Coins, Gold Coins, Learn more >> http://www.silverpricestoday.cc/GOLD-COINS/
It seems that silver is now past 29 December 2011 price levels, and can now be eyeing that $50 level. Marketplace circumstances frequently trigger silver to fall behind gold, for fairly some time, exactly where following, silver usually catches-up in a large way. The reality that silver continues to be caught-up in a trading range lower than its 1980 high, a minimum of 4 years longer than gold currently, provides a traditional chance for silver to adhere to that “catching-up pattern” and glide to multiples of its 1980 high.
With gold getting passed $1700 (twice the 1980 high of $850) currently, offered the above evaluation, it stands to reason that $140 (over twice the 1980 high of $50) silver is practically assured.
You will find many indicators advising that we're close to a point exactly where silver may catch up with gold, compared to its 1980 high, in a large way. Our current evaluation of the gold/silver ratio also appears to advocate this. Therefore, as things stand, we anticipate silver to outperform gold for most of this year, and we stand by our target of a minimum of $140 silver by the finish of 2012. Our recommendation is to buy gold and buy silver today! How high will silver go? Learn more >> http://silverpricestoday.cc/
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