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What a gold:silver ratio below 40:1 tells you

Posted on 09 March 2011

From Mineweb.co.za: The last time the gold:silver ratio stood below 40:1 was in February 1998, just after silver had staged a 33% rally in five weeks, while gold had gained just 4% over the same period (which commenced at the start of the year). The contraction in the ratio over the period was from 48.4:1 to 38.1:1.
This time, some thirteen years on, the gold:silver price ratio is trading at between 39:1 and 40:1 and a similar contraction has taken exactly the same length of time……………………………………….Full Article: Source


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VRS - who has written 38561 posts on Opalesque Commodities Briefing.


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