Over the last 20 years there has been a specific condition for Silver that has been a rather reliable predictor for its price. Once it is met, these prices have historically risen within an 18-24 month period.
Since 1996, the Gold/Silver Ratio (the price of one ounce of Gold divided by the price of one ounce of Silver)has hit 80/1 a total of 4 times. The most recent being 2016.
In all three of the previous times, the ratio reversed and Silver gained a significant percentage. It outperformed Gold by a wide margin and rose in every instance.
IF THIS TREND PLAYS OUT AS BEFORE, THE SILVER PRICES SHOULD MOVE SIGNIFICANTLY HIGHER OVER THE NEXT YEAR.
With our current political landscape and uncertainty in how much higher the Stock Market can go, we may see Silver reach anywhere from $30 -$65.
DEPRESSED PRICES DON’T LAST FOREVER.
(Please call GOOD TO GOLD INC. for charts/info)