Silver is still correcting as a zigzag from February 1 peak. This article and video look at the short term Elliott Wave path.
Silver Should Outperform with Break Lower in Gold-To-Silver Ratio
Gold-to-Silver Ratio is simply gold price divided by silver price. After spiking to all-time high at 126.4 on March last year to 126.4 due to the fear of Covid-19 pandemic, it has turned lower considerably. The average ratio in 300 years history is around 30 as the chart below shows: The natural ratio in the […]
Elliott Wave View: Silver Broke to 52 Week High
Silver broke to new 52 week high suggesting the next leg higher has started. This article and video look at the Elliott Wave path.
Elliott Wave View: Silver Still Consolidating Gain in 2020
Silver is correcting cycle from September 24 low in larger 3 waves before the rally resumes. This article and video look at the Elliott Wave path.
Pan American Silver (PAAS) Has Resumed Rally Higher
In our last article on Pan American Silver Corporation (ticker: PAAS) dated November 25 last year, we suggest that the stock is about to end correction and resumes higher. This is the chart we provided last November looking for buyers at the blue box. Fast forward to the new year, the stock failed to reach […]
Silver Miners (SIL) Close to Ending Correction
One of the best ways to play the silver rally, if one believes in the bullish thesis, is through the Silver Miner ETF (SIL). The share price of these publicly traded mining companies usually climb faster than the precious metals that they produce during the bull market phase of the underlying metal. Since forming a […]
