WorldBroker

SILVER vs GOLD spread ratio

Long
The ratio betwen Silver and Gold was at lowest level in march 2020 as never seen in the past 15/20 years. I created a base index around 100 near the low so easy to see that actually the rally is around 28/29%. In 2008/2009 low the ratio Silver/Gold was able to generate an over 200% profit. But with recession and huge economic crisis the silver could not perform as well in the 2008/2009 bottom. But even a performance of a 1/3 or 1/2 of the 2008 rally could mean in the next 2 years a profit for this ratio between 60 and 100%. This mean that Silver will have a bull rally seen that will be very hard to see a big drop in gold.
If you have similar ideas or strategies please comment or post your link! thank you
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.