10 Aug 2020 12:52
Hi there! Good to see a fellow bullion holder.
I won't be selling until US economic conditions improve to the point of the FED discussing rate rises. If stimulus measures have their desired effect and Covid is all but dealt with by summer 2021 there should be a period of sustained inflation and economic recovery. I would expect silver to close the ratio with gold once this looks inevitable. I don't have any price predictions worth sharing, just my observations on timing and how the trend should continue albeit at a slower pace now that (fingers crossed) the worst is behind us. Would love to see gold at $2,500 and silver at $50 by next summer.
Interested to hear any other predictions and reasoning on this.
All the best