It’s a great month to be a precious metals trader – lots of interest in the sector, key levels breaking every few days, everything looking up-up-up. In this burst of enthusiasm, the latest jump in international silver prices from 15 to 18+ even has analysts discussing what it will take to hit 50.
That might be a little optimistic, but given that recent calls for $18 by the end of the year look pretty pedestrian now. The gold-silver ratio is slowly dropping, owing to the faster increase in silver prices compared to gold. Today we recommend you look at the history of the silver-to-gold ratio and see where it generally is historically, and let you project your own future price of silver.
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