22.04.2016 - Does the Gold Price Have the Legs to Extend and Drag Silver Higher?
Most analysts explain the recent surge in the price of silver as a reaction to an increase in the Gold to Silver ratio. This is essentially just a clever way of saying that silver had become extraordinarily cheap compared to its precious metal cousin gold, and as such was viewed as a bargain by investors, who flocked to buy it. The Gold to Silver ratio is a calculation of the number of ounces of silver it takes at any given time to buy an ounce of gold. Historically it has averaged about 50 but recently in March 2016 it rose to a peak of 82, and that is when silver started to move higher, recovering the difference in value...............................................Full Article: Source
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