The last time the gold/silver ratio was breaking out in this manner was in 1929, and following the breakout, the ratio moved higher and higher and higher for YEARS.
Be wary of the gold and silver perma-bulls.
Gold is a necessary part of every portfolio as both a deflation and inflation hedge, but silver isn't. Silver is treated as an industrial commodity by the market.
Be wary of the gold and silver perma-bulls.
Gold is a necessary part of every portfolio as both a deflation and inflation hedge, but silver isn't. Silver is treated as an industrial commodity by the market.
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