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GOLD/SILVER RATIO - What does this mean? SILVER THE NEW GOLD?!

OANDA:XAUXAG   Gold/Silver
It simply means silver is better to buy performance wise than gold .

Question is Silver could be the new gold?

How & Why?

  • Silver is seen as a better reflationary asset a hedge given from industrial and tech applications
    Most of half the silver material is used in tech electronics such as connections, wires and jewellery
    Silver is out performing gold

Large institutions think we could get price of 25-30 for silver in the long run.

I'd wait for pull back in most of the commodities .

Just an idea, not a recommendation.

Comments

it is very difficult to believe that silver will become new gold.
gold is too much useful than silver.

gold is useful in industry,for exam: 1)making a cpu, 2)Golden finger of electric circuit(card-style electron-parts is needs that)
gold is useful in some chinese medic,for exam, <angong niuhuang wan> (you can google for it )
and so on.
Reply
@fenggz, They both have there pros, thanks.
Reply
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