ETF record high
GOLD/SILVER should go back longterm avg of 60-50
Created by paperplane | Feb 04, 2021
GOLD/SILVER LONGTERM AVG SHOULD BE AT 60.
If Gold is 2000, silver=2000/60=33
2020-07-28 08:50
whre to buy silver? physical or on paper better (silver investment from maybank only) better...still got upside?!
2020-07-28 08:55
physical is good to keep but the spread is just too wide. paper carry some risk, but if for trading purpose of course buy those ETF or CFD
2020-07-30 08:40
If Gold is 2000, silver=2000/60=33, simple logic, dont complicate yourself.
So some said 2021 time, Gold to be 3000-3500, silver then?
50-58?? I assume thats the best case??
2020-07-30 08:41
Silver's rise maybe due to supply problem in Peru and speculation of Gold/Silver relationship.
Gold rises due to money printing by US Fed.
Silver rises due to rise in Gold + supply disruption in Peru. Silver has nothing to do with US Fed.
Gold is more money printing sensitive.
Silver is more supply/demand sensitive.
Silver will rise not as aggressive as gold. If there is a recession and US Fed is no longer printing money, gold and silver price will diverge. But US Fed may print money until US is out of the recession.
2020-07-30 08:48
paperplane
USE YOUR BRAIN!
2020-07-28 08:47