GOLD/SILVER RATIO - What does this mean? SILVER THE NEW GOLD?!
It simply means silver is better to buy performance wise than gold.
Question is Silver could be the new gold?
How & Why?
Large institutions think we could get price of 25-30 for silver in the long run.
I'd wait for pull back in most of the commodities.
Just an idea, not a recommendation.
Question is Silver could be the new gold?
How & Why?
- Silver is seen as a better reflationary asset a hedge given from industrial and tech applications
Most of half the silver material is used in tech electronics such as connections, wires and jewellery
Silver is out performing gold
Large institutions think we could get price of 25-30 for silver in the long run.
I'd wait for pull back in most of the commodities.
Just an idea, not a recommendation.
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.