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Silver May Outperform Gold, Cutting Ratio: Technical Analysis
May. 28, 2010 01:02PM PST
Precious MetalsBloomberg.com reported on Silver May Outperform Gold, Cutting Ratio: Technical Analysis :
Bloomberg.com reported on Silver May Outperform Gold, Cutting Ratio: Technical Analysis :
An ounce of gold bought about 66.4 ounces of silver in London yesterday. The attached chart shows the ratio has been declining since 1991, and may fall toward 45, the average over the past century, according to GoldCore. The second attached chart shows silver’s rising trend since October 2008.
