The Silver Parabolic Run is Building Momentum: Slowly
Silver will begin to work on the almighty Gold:Silver ratio that has been "out-of-whack" for many years. At this point in the near-term, specifically in February and March, I believe we will see an 80:1 ratio before a slight seasonal bounce come April/May/June.
As we butcher our way through the latter portion of 2020, Silver will work on the ratio once more in a gradual fashion, however, once 2021 hits I believe that will be the turning point for Silver to begin its parabolic run. This will likely last at-least (overall) until 2023 or 2024. How low can the ratio go? I can certainly see a case for 30:1 over the next 3 years.
The next leg higher in Silver and Gold will likely be off the backs of an equity correction which has been a long-time coming. Investors should be buying Gold and Silver on all dips in 2020 before the real parabolic run begins in 2021.
Once Gold tops 1900, we will begin seeing more than just retail investors piling into the metals.
- zSplit
As we butcher our way through the latter portion of 2020, Silver will work on the ratio once more in a gradual fashion, however, once 2021 hits I believe that will be the turning point for Silver to begin its parabolic run. This will likely last at-least (overall) until 2023 or 2024. How low can the ratio go? I can certainly see a case for 30:1 over the next 3 years.
The next leg higher in Silver and Gold will likely be off the backs of an equity correction which has been a long-time coming. Investors should be buying Gold and Silver on all dips in 2020 before the real parabolic run begins in 2021.
Once Gold tops 1900, we will begin seeing more than just retail investors piling into the metals.
- zSplit
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