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Silver on Pace to join gold?, page-2

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serena

10,370 Posts.

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11/08/19

14:15

Post #: 39955057
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Originally posted by serena: ↑

Silver on Pace to Join Gold in a New Bull Market
https://www.**promotion blocked**.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 beeven more dramaticas 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 atjust over 89:1and 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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Dear rez,

Thanks for your post. Trying very hard to figure out where did you get this information. Finally, I found out the following news or link which was posted by you regarding "..1 Mozpa silver production over an initial eight years at its Granite Belt Silver Mine in Queensland, Australia..."..

https://www.miningbusiness.net/content/moreton-resources-out-make-twin-hills-silver-mine-bigger-texas-again

MRV Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Silver on Pace to join gold?, page-2

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