silver price is at historical lows against gold. if equity & commodity markets begin the recovery phase then silver price can rebalanced in mid term trades.
What does the gold/silver ratio of today 68 value mean? how should this be interpreted?
VulcanoRosso
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@WinstonWallace, means every 1 oz of gold equals to 68 oz. of silver . when ratio goes higher ; gold gains value against silver.
when the ratio goes down silver outperforms and regains value against gold .
Protixder
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agree
thunderhead27
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Nailed it.
ridethepig
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An excellent chart... serious contender for chart of the year!