Third Party> Kimble’s article today is entitled Silver to Gold Ratio About To Send Monster Bullish Message? This is an Update to his article on the subject that was posted on July 15 (Click HERE).
Kimble notes that precious metals, particularly gold, have been doing well recently. However, silver has been lagging slightly. Kimble postulates that bull markets in precious metals tend to occur when silver is leading the way. So, it is important that silver “joins the party”.
Kimble shows that the silver-gold ratio is in a downtrend, but it has turned around and is now back testing its break-out resistance line. In our August Seasonality Report (Click this Link: ( SeasonalTrends_080119 ), we show that Silver ends its Positive Seasonal Period on August 4 and does not come back into prominence until December. This suggests that the gold/silver ratio may have trouble breaking above that resistance line.
To read Kimble’s whole article, click HERE
