So here's the first ARV session for our SILVER predictions. Again, we have so many factors to look at, we needed to establish a baseline and start to gather data. So same with GOLD, we wanted to look at SILVER and see where this precious metal will be in the near future.
I have about four or five pages of notes and research on miners, organizations, everything you can think of regarding precious metals and the implications of how they will be used in the future.
Again, I bring no assumptions or expectations into the equation, just ask the viewers to go out into consciousness and bring back what they see and feel.
GOLD:SILVER RATIO
After bottoming in 2010, the gold:silver ratio has increased steadily. The ratio retreated briefly in the middle of 2016 to close the year at 70.9, but resumed its uptrend in the middle of 2017. The gold:silver ratio can rally in the face of a crisis, although the nature of such a crisis would dictate how the ratio develops. If circumstances suggest that market instability increases then investors generally would favor gold over silver.
A good example was during the 2008 global financial crisis, when the ratio surged above 80; gold is expensive compared to silver or silver is cheap compared to gold over its long term average of around 57. A high ratio in the early 1990s was in response to the Gulf War. It is arguable that in anticipation of a crisis the market could see a ratio of above 80.
02/05/2010: GOLD $1052.00 SILVER $15.14 = 69.48
05/21/2019: GOLD $1271.30 SILVER $14.36 = 88.53
10/11/2019: GOLD $1484.50 SILVER $17.48 = 84.92
Observation Perspectives on Silver/Gold:
So lets think about the next steps and where the ARV team should go. I would love all of your input and we can put it to a vote/poll. But please lets keep this tight so we remain on schedule to deliver the next set of results before the end of the month. I will add comments to a poll for voting. Lets think about what the next metric SHOULD be.
Please keep in mind this is a either or scenario so only two options.
Thank you as always for your support.
Edd@HQ.