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<p>[QUOTE="Eric the Red, post: 25364507, member: 118899"]2024 End of year predictions </p><p><br /></p><p>Gold trading around $2,650 oz</p><p>Silver trading around $37.85 oz</p><p><br /></p><p>The Gold to Silver ratio will continue to tighten benefitting Silver, with Silver outperforming Gold, on the year.</p><p><br /></p><p><b>Both are a monetary asset outside the banking system without counterparty risk and both preserve purchasing power, but with silver you get the potential outperformance if the ratio falls.</b></p><p><br /></p><p>Wild Cards & Catalyst </p><p>Economic Uncertainty </p><p>Gold, silver and copper are all experiencing notable gains from "economic uncertainty boosting demand for safe-haven assets, supply-chain disruptions impacting availability, and increased industrial demand, particularly for green technologies.</p><p><br /></p><p>WAR</p><p>Historical data reveals a consistent pattern of gold/precious metal prices rising during periods of war. </p><p><br /></p><p>2024 US Election </p><p>No comment <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Weakening US Dollar ? </p><p><br /></p><p>Inflation[/QUOTE]</p><p><br /></p>
[QUOTE="Eric the Red, post: 25364507, member: 118899"]2024 End of year predictions Gold trading around $2,650 oz Silver trading around $37.85 oz The Gold to Silver ratio will continue to tighten benefitting Silver, with Silver outperforming Gold, on the year. [B]Both are a monetary asset outside the banking system without counterparty risk and both preserve purchasing power, but with silver you get the potential outperformance if the ratio falls.[/B] Wild Cards & Catalyst Economic Uncertainty Gold, silver and copper are all experiencing notable gains from "economic uncertainty boosting demand for safe-haven assets, supply-chain disruptions impacting availability, and increased industrial demand, particularly for green technologies. WAR Historical data reveals a consistent pattern of gold/precious metal prices rising during periods of war. 2024 US Election No comment :) Weakening US Dollar ? Inflation[/QUOTE]
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