On the heels of the recent rally in the metals, the setup for silver is becoming very bullish.
August 22 (King World News) – Top Citi analyst Tom Fitzpatrick: For the first time since August 2010 we have seen a bearish outside month on the Gold/Silver ratio suggesting that Silver can outperform here. In 2010-2011 the ratio fell 55% even as Gold rallied a further 63% (see chart below).
Silver Set To Dramatically Outperform Gold
If anything this reversal is even more impressive as it is coming at the absolute high of an 8 year+ uptrend that saw this ratio more than triple.
As in 2011 this does not suggest a large fall in Gold but rather a huge “catch up” in Silver.
The Whole World Is Abuzz
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More articles to follow…
In the meantime, other important releases…
How Is This Possible? Trouble Across The Globe, Nothing To See Here, Meanwhile This Is Imploding CLICK HERE TO READ
This Is Today’s Big News CLICK HERE TO READ
SILVER KEY: Silver Spike Will Be The Catalyst For Unleashing Gold Price Targets Of $1,645 And $2,200+ CLICK HERE TO READ
Central Banks Rule The World, Less Than Zero, Plus The Road To $50 Silver CLICK HERE TO READ
KWN has released the powerful audio interview with Rick Rule where he discusses chaotic global markets and what investors need to be doing right now, plus what he expects next in major markets, including gold CLICK HERE OR ON THE IMAGE BELOW.
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