MRV 0.00% 0.3¢ moreton resources ltd

Silver on Pace to join gold?

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    Silver on Pace to Join Gold in a New Bull Market

    https://www.*****.com/commentaries/2019-08-09/Silver-on-Pace-to-Join-Gold-in-a-New-Bull-Market.html

    Extract from the above link (it is an interesting observation).

    "...From a risk-reward perspective, the upside in silver could turn out to be even more dramatic as the metal is still lagging gold by a large margin. The long-term average of the silver-gold ratio is around the 55 ounces of silver value, to each ounce of gold value. On August 8th, the relationship stood at just over 89:1 and a return to the historical average of 55:1 would put the price of silver at over $28 per ounce with gold at $1550".


 
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