Silver may touch as high as $20 an ounce in near term: Deutsche Bank
By GCRU Gold News on Wednesday, April 27 2016, 00:45 - Permalink
Silver is known by a number of pseudonyms, but most of the names in a financial context relate to gold ; “Poor man’s gold” and “High - beta gold” to name just two. It is therefore not surprising that silver ’s value is often referenced to gold in terms of the gold - silver ratio. Since the infamous Hunt brother’s cornered the market and were unceremoniously squeezed out in the late 70’s / early 80’s, silver has tended to amplify gold’s trading patterns, both on the upside and on the downside.