Get started
Trade_Journal

GOLD/SILVER RATIO - What does this mean? SILVER THE NEW GOLD?!

Gold/Silver (OANDA:XAUXAG)  
Trade_Journal  
OANDA:XAUXAG   Gold/Silver
Trend Analysis Chart Patterns Beyond Technical Analysis Silver Gold GOLD/SILVER silvergoldratio long-term macro macroecomonics Macroeconomic Analysis And Trading Ideas fx
2
2
trendanalysis chartpattern beyondta silver gold xauxag silvergoldratio long-term macro macroecomonics centralbanks fx
It simply means silver is better to buy performance wise than gold.

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.