I just bought some silver. I will buy more. I will sell the silver first and then wait for the gold to go up even further before I sell my gold. Adrian Douglas of GATA and others also believe silver will be the first to be aqueezed. It is a smaller market than gold.
I will sell the silver first and then wait for the gold to go up even further before I sell my gold.
The price ratio between Au/Ag is about 64; it is a historic ratio over decades of time.
Selling one or the other PM is akin to selecting a chocolate bar from Whitman's sampler or See's confections .... bot sell and maintain value over time.
So average the say (raw) bid price over time as I earlier suggested. You shall see the same as 1/64; no one questions fluctuations within the markets; this happens all the time.
Don't forget the Hunt brother debacle in the late 1970s cornering Ag and hence the depression of the redline within your graph. Notice the same for the last five years or so.
