Lower Prices, Stronger Fundamentals

Gold Silver Ratio Fundamental Analysis – Gold Silver Ratio Basis Analysis

Gold Silver Ratio Fundamental Analysis – Gold Silver Ratio Basis Analysis Chart

This chart is showing stronger fundamentals for silver compared to gold, and this relative strength has not been this high since Peak Covid.

Could the gold-silver ratio rise still further (i.e. silver underperform gold), perhaps due to contagion from the likely default of China’s Evergrande? Yes. It is possible. The basis cannot predict timing, nor whether the price will get farther out of whack.

The basis can only say that it is currently out of whack, and to get back into whack the price of silver needs to rise more than the price of gold.

1 2
View single page >> |

Disclaimer: The content in this article is provided as general information and for educational purposes only and should not be taken as investment advice. We do not guarantee the accuracy ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.