History Shows That Silver Prices Should Start To Grow
Summary
- The historical analysis of the gold-silver ratio shows that silver price should start to grow.
- The value of the gold-silver ratio is almost 75 which is significantly above the long term average.
- The last two tops (2003 and 2008) were just shy of the 80 level and they were followed by significant increases of the silver price (180% and 315%).
- There is a significant potential of another huge gains for the iShares Silver Trust ETF shareholders.
Historical analysis shows that the iShares Silver Trust ETF (NYSEARCA:SLV) shareholders may see some interesting gains in the coming years. There are two generally recognized wisdoms that contradict each other. The first one says that the historic results are no guarantee of future performance; the second one says that only a fool repeats
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