Precious Metals Market - A Long Term Picture

Independent analyst • Mar 27, 2017 at 6:02 AM EDT

From time to time it is very helpful to look at the market in the long-term.

From time to time it is very helpful to look at the market in the long-term. Let me show a popular ratio of Silver/Gold:

Source: stockcharts.com

The lower panel of the chart shows the ratio of Silver/Gold prices and the upper panel shows gold prices, starting from 2002 when the current long-term bull market in precious metals had started.

The green area on the lower panel indicates long-term buying opportunities for gold, silver and precious metals stocks. On the other hand, the red area depicts selling opportunities.

Now, it looks like we are at a very early stage in the current bull run.

Disclaimer:

This article is not an investment advice. I am not a registered investment advisor. Under no circumstances should any content from here be used or interpreted as a recommendation for any investment or trading approach to the markets. Trading and investing can be hazardous to your wealth. Any investment decisions must in all cases be made by the reader or by his or her registered investment advisor. This is strictly for educational purposes only.