Pull up a 10+ year gold chart and also a 30+ year silver/gold ratio chart..
both look very bullish for gold and silver.. silver/gold ratio at the historical lows.. so I expect silver to outperform gold when both start moving upwards strongly..
Near term noise/news just distraction focus on big picture..
starting in 2000 we began on our trek toward fiscal insanity globally and its only getting worse
big picture we in a very long term secular bull started in 2000 unless some semblance of fiscal sanity returns..
last 6-7 years a cyclical bear..
long term charts say next bull leg should start soon/gold started in 2016 with the 1050 low
both look very bullish for gold and silver.. silver/gold ratio at the historical lows.. so I expect silver to outperform gold when both start moving upwards strongly..
Near term noise/news just distraction focus on big picture..
starting in 2000 we began on our trek toward fiscal insanity globally and its only getting worse
big picture we in a very long term secular bull started in 2000 unless some semblance of fiscal sanity returns..
last 6-7 years a cyclical bear..
long term charts say next bull leg should start soon/gold started in 2016 with the 1050 low