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Silver consolidated around $18 last week. Gold / Silver ratio is currently floating around 86.6.
Silver incurred in an important price increase in 2019, especially after the Fed cut interest rates in July and September (2019). However, the metal has not been able to break the $19 price range consistently.
From a technical point of view, in the long run, I would be Neutral. However, the Gold / Silver ratio is still high, and, in my opinion, the disparity between the value of Gold and the value of Silver offers a profitable investment opportunity.
Investing Fellow
Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties.
Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.
I am not a financial advisor.
Silver consolidated around $18 last week. Gold / Silver ratio is currently floating around 86.6.
Silver incurred in an important price increase in 2019, especially after the Fed cut interest rates in July and September (2019). However, the metal has not been able to break the $19 price range consistently.
From a technical point of view, in the long run, I would be Neutral. However, the Gold / Silver ratio is still high, and, in my opinion, the disparity between the value of Gold and the value of Silver offers a profitable investment opportunity.
Investing Fellow
Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties.
Before buying or selling any stock you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.
I am not a financial advisor.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.