WorldBroker

SILVER vs GOLD spread ratio

Long
The ratio betwen Silver and Gold was at lowest level in march 2020 as never seen in the past 15/20 years. I created a base index around 100 near the low so easy to see that actually the rally is around 28/29%. In 2008/2009 low the ratio Silver/Gold was able to generate an over 200% profit. But with recession and huge economic crisis the silver could not perform as well in the 2008/2009 bottom. But even a performance of a 1/3 or 1/2 of the 2008 rally could mean in the next 2 years a profit for this ratio between 60 and 100%. This mean that Silver will have a bull rally seen that will be very hard to see a big drop in gold.
If you have similar ideas or strategies please comment or post your link! thank you
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