TradingWithTheTrend

XAUXAG ratio to go to 20, could possibly go lower

Short
OANDA:XAUXAG   Gold/Silver
XAUXAG ratio to go to 20, could possibly go lower, that's a strong case for silver . Not betting so much on the pullback, but the dollar strength could initially mean a dip in both Gold and Silver , but when the bounce back silver will gain at a much faster rate than gold .

Not a bad idea to jump in now if you are not using leverage.

What do you think? Drop a comment below and share your own charts.

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Comments

in long term, it is not possible drop to lower 20,because gold is always much useful than silver.
even the 20 will create a new history
Reply
@fenggz, By what measure then would you link the usefulness of silver versus gold with the ratio? And are you measuring the usefulness now or in the future, because in the long term new use cases of silver could be found (checkout what Tesla is doing)... I'm more technical, would be good to hear your fundamentals side
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fenggz TradingWithTheTrend
@TradingWithTheTrend,
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 )
you dont't want to use silver on electrial if you own some real silver (if not ,buy some for your self)
tesla use silver is base on its well conductivity
silver is also used for biology (disinfect, a silver cup is believed to good for health ),but not needs so much. google some data by yourself,as i know silver is over-stocked , if cvoid-19 gone and no war silver will become useless i believe.

** about <angong niuhuang wan> and silver cup,i am not a doctor nor biologists , not sure if they works. but they truely are goods and sales well. ( diamon won keep you love but people needs them,get it ? :D )

in the future? i am not a god who knows.
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