[2024-04-04] A NEW WAY of Looking at Silver
Silver Dragons
A NEW WAY of Looking at Silver
Monday, May 6, 2024
#silverstacking #silver #gold
In this video, I talk about the silver price and how it is currently going up. I talk about a specific tool that I use to look at silver prices and gold prices as well. This tool is called the gold-silver ratio. When comparing gold vs silver it is helpful to look at the ratio which is currently around 85:1. We are then able to look at where the ratio has been in the past and extrapolate where silver needs to go to get to that ratio once again. In the video, I look at the gold-silver ratio and the highest it has been in the last 45 years as well as the lowest. Silver price would need to go to $36 to reach the highest and $19 to reach the lowest based on the current price of gold. If we look at the lowest the GSR got in 2011 silver would need to go to $74 per oz to be at the same ratio today. This is a new way of looking at a silver and gold-silver ratio that I have never explored before. What do you think about silver vs gold right now?
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Topics I cover in this video: silver price, silver price now, silver price update, silver price up, gold vs silver, silver vs gold, silver and gold, gold and silver, silver or gold, gold or silver, gold silver ratio, gold silver ratio now, gold silver ratio update, silver price change, silver news, silver price news, silver stacking, silver stack, silver stack, buy silver, silver investing, silver investing news, silver price, silver price down, silver spot price, silver Investing, silver price news, silver price prediction, silver price 2024, silver price up 2024, silver price in 2024, gold price, gold vs silver price, silver vs gold price, silver gold ratio, gold silver ratio explained
#silver, #gold, #silverstacking
https://www.youtube.com/watch?v=kS7rfRZla38
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