POLL: Revisiting the GSR
In the last 18 months the Gold to Silver Ratio has rapidly dropped from a high of 125 and was almost cut in half in less than 12 months. It currently sits around 68. Both metals have risen in price since the GSR peak, but silver's gains clearly outpaced those of gold. Is a GSR of 68 telling us that a reversal has arrived and gold is poised to outperform silver? I say no, the GSR will continue lower and silver will continue to be the smarter buying choice. My forecast of a lower GSR says that silver will continue to outperform gold at least through 2021.
Edited to add: For the purpose of this poll, "short term" includes the remainder of 2021.
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