FXEmpire/Vladimir Zernov/5-9-2023
“Silver remains below its all-time high while gold is trading near its record levels. If the gold/silver ratio drops below 78, it could give silver a sustainable bullish trend and potentially push it towards multi-year highs.”
USAGOLD note: Zernov says the numbers favor silver as plays catch up. His argument about silver looking cheap compared to gold has a lot of merit. It explains why silver is in such high demand in India, for example.
