What an interesting chart I've discovered right now.
A chart from the era of the bi-metallic monetary systems
Where both gold and silver were used to mint coins
However, history aside, the chart is very telling
And we can see that gold is overvalued in relation to silver
And the breakout of both the and a massive horizontal level
Indicates that the pair is in the downtrend long term
But how to use it? There is no such thing as Gold to Silver futures right?
Well, you can create this contract artificially on your trading account
By shorting Gold and buying Silver proportionally
By doing so you are creating an artificial Gold / Silver contract
As the USD factor cancels itself out of both pairs
So this way you are indeed trading gold against silver!
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