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https://www.commoditytrademantra.com/silver-trading-news/silver-the-top-performer-is-just-throwing-a-tantrum-bull-market-remains-intact/

https://www.commoditytrademantra.com/silver-trading-news/silver-the-top-performer-is-just-throwing-a-tantrum-bull-market-remains-intact/

By: Christine von Liederbach
October 29, 2020
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Article by Commodity Trade Mantra

Are you fearful, or are you getting greedy?

That’s the question silver investors should be asking themselves now.

Novices have been panicking, while seasoned investors are salivating at the opportunities.

Silver has recently corrected by almost 8$ or 36% since peaking in early August. The drop to $22 brought it to less than half its all-time high.

Yet silver would still need to reach $175 to equal its inflation adjusted 1980 peak of $49.

I don’t think silver’s correction is quite over yet, but it’s getting closer to a trigger point.

Longer Term Indicator Points to Higher Silver Prices

The gold-silver ratio is a great longer-term indicator of silver’s value relative to gold, and to search for signs of what might lie ahead for the metal.

Looking back several decades, each time the ratio reaches 80 it tends to reverse. From there, silver typically outperforms gold as the ratio falls.

To read this article and see the charts in Commodity Trade Mantra in its entirety, click here.

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Although the information in this commentary has been obtained from sources believed to be reliable, The Gold IRA Company does not guarantee its accuracy and such information may be incomplete or condensed. The opinions expressed are subject to change without notice. The Gold IRA Company will not be liable for any errors or omissions in this information nor for the availability of this information. All content provided on this blog is for informational purposes only and should not be used to make buy or sell decisions for any type of precious metals.

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