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Silver/ Gold Ratio Hits 60 Day High of 54.55 to 1

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Silver/ Gold Ratio Hits 60 Day High of 54.55 to 1

Post by Dirtbikepilot on Fri May 04, 2012 5:24 pm

From Silver Doctors / By the Doc / May 4, 2012
The silver/gold ratio hit a new 60 day high today of 54.55/1.
The ratio has continued to widen over the past several months as gold
and silver have corrected and consolidated in the wake of the Feb 29th
massacre. The ratio has touched as low as 50:1 in early March. As we are
likely near a bottom in both metals, this may be a time to consider
swapping some gold for silver to take advantage of the wide GSR spread
as the ratio typically narrows considerably during bull runs. During the
last major bullish move for silver in April of 2011 the ratio narrowed
to as much as 30 to 1.

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