History Shows Us That Silver 'Should Be At $26'

By Simon Popple / September 10, 2019 / www.silverdoctors.com / Article Link

Silver has been closing the gap on gold, but there is still much more work to be done. Here's why...

Simon Popple of Brookville Captial on IG UK

With silver having risen at a faster pace recently than gold, the gap, or ratio, between the two has closed. However, it is still a long way from its average. Simon Popple, from Brookville Capital, says the long-term average is 58 and for that to be achieved, silver should be at $26 not $19.50 per ounce. Asked whether the price gap would close by a drop in gold, Popple tells IGTV that acting as a safe haven as it is, gold is expected to hold its value at or around present levels.

Recent News

Junior gold stocks outperform in sector pullback

October 28, 2024 / canadianminingreport.com

Global mining M&A on track for similar levels to 2023

October 28, 2024 / www.canadianminingreport.com

Gold ETF inflows at four-year highs

October 21, 2024 / www.canadianminingreport.com

Silver spikes and iron ore struggles

October 21, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok