Silver has traded sideways for too long, and you know what they say! "The bigger the base, the higher the space". The gold to silver ratio has been on a gradual but steady downtrend indicating silver's outperformance. Based on my trend lines, it is checking back down from the upper end of the spectrum. This should give silver a boost and I think it is a sign of a comeback.
Janet Yellen spoke about the necessity for a very large stimulus bill, which will only weaken the dollar further and strengthen hard assets like gold and silver. Silver has more alpha and more upside potential. So if you are looking for an inflation hedge and would like more of a runway with more alpha, go long silver. I suggest playing it through SLV.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.