gold - silver ratio long term
Updated
Beginning of 2020 the ratio was at 126, which means it took 126 oz of silver to buy one oz of gold. A few months ago we had been at a ratio of 62. That means silver had almost doubled it's value regarding gold. We are at 69 currently, so if I would have metal and I expect the ratio to go up again this would be the time where I should exchange my silver for gold.
However, I do have neither so it makes more sense to take fiat to buy gold if I expect the rate to go up again and at a later point, when I would get more silver oz for 1 gold oz I should exchange one metal for the other. Can someone confirm this?
However, I do have neither so it makes more sense to take fiat to buy gold if I expect the rate to go up again and at a later point, when I would get more silver oz for 1 gold oz I should exchange one metal for the other. Can someone confirm this?
Note
If, on the other hand, I would expect the trend to continue and the ratio goes further down, it would mean I we would be better of buying silver with fiat.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.