The Gold/Silver ratio
is currently suggesting that silver
might outperform gold
continue to rise. I'm basing this mostly on the recent price action in the GC1!/SI1! ratio as signs of fatigue have appeared just below a long-term channel resistance. Note that silver
prices alone successfully held the 2014 lows at $14. Those who are aggressively bullish
on battered commodities
are likely betting on a double bottom
, which remains to be seen in the weeks ahead.