As Central Bankers unleash a generational perfect storm for gold, a significant valuation gap between the gold price and silver is forming.
The present gold price is indicative of a $19 silver price. And with silver trading at $14.71, silver is undervalued by nearly 30% to gold.
Even conceding that gold may have better supply:demand fundamentals, silver [...]
Tags: Gold chart·Gold Silver Ratio·Silver chart·Silver Gold Ratio·silver stocks
The trading range for the HUI Gold Bugs Stock Index has finally broken out of it’s horizontal trading range:
And formed an upward bias, with a series of higher highs and higher lows:
Gold stocks are now also leading gold, as the HUI:Gold ratio has broken out of it’s trading range and the stocks are once again [...]
Tags: Gold chart·Gold Stocks·Gold vs. US Dollar currencies·HUI Chart·HUI Gold Bugs Index·Trading Gold