Taking a small position in SLV here.
Long term looking at the gold to silver ratio trading around 90 If gold holds its grounds and silver plays catch up to a ratio of 70 even 60. I will be playing this position less about price and more about the ratio. If slv breaks all time high I will start selling regardless of price 20% week unless price is parabolic. Then selling will be 50% per week.
Long term looking at the gold to silver ratio trading around 90 If gold holds its grounds and silver plays catch up to a ratio of 70 even 60. I will be playing this position less about price and more about the ratio. If slv breaks all time high I will start selling regardless of price 20% week unless price is parabolic. Then selling will be 50% per week.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.