Re: Free Advisory on Gold , Silver and Crudeoil
Dear All,
This disparity in Gold and Silver Run is evident. However one has to understand the reason of the diversion in rise of Gold and Silver.
US economy is moving towards recession. As such Dollar is weakening Day by Day.
All Central Banks have reserves in Gold / Dollar ,etc. Due to weakening of Dollars all are shifting / converting Dollar Reserves to Gold. [ Mind you only Gold and not Silver.. ! ]
Thus as long as Dollar keeps on weakening, it is quite possible that Gold will outperform Silver. Once Dollar stabilizes at any level, then it is likely that Silver will outperform gold hugely.
(Plus Silver is now being categorised as an Industrial Metal also.. so now other factors relating to industrial production also apply.).
rgrds.
Best Deal = Vijay
Dear All,
This disparity in Gold and Silver Run is evident. However one has to understand the reason of the diversion in rise of Gold and Silver.
US economy is moving towards recession. As such Dollar is weakening Day by Day.
All Central Banks have reserves in Gold / Dollar ,etc. Due to weakening of Dollars all are shifting / converting Dollar Reserves to Gold. [ Mind you only Gold and not Silver.. ! ]
Thus as long as Dollar keeps on weakening, it is quite possible that Gold will outperform Silver. Once Dollar stabilizes at any level, then it is likely that Silver will outperform gold hugely.
(Plus Silver is now being categorised as an Industrial Metal also.. so now other factors relating to industrial production also apply.).
rgrds.
Best Deal = Vijay