SILVER: DEVIL’S METAL OR THE KEY TO THE COMPLEX
- Posted by Allan Lederman
- On April 11, 2016
- 0 Comments
Silver, sometimes known as the devil’s metal now probably holds the key to the new potential emerging bull market in precious metals. As gold becomes pricey investors will turn to silver because of the leverage its relatively low nominal price affords. Look for the following:
- Narrowing of the gold/silver ratio
- Narrowing of the gold/pt spread
- Outperformance of mining stocks ( currently underway)
- Continued weakening of the dollar
All of the above are in play now, so things are looking up. Look to silver to lead for ultimate confirmation