Silver has approx 1/20 reserve of gold, and back to old times gold/silver ratio alwasy stayed <30. 2 month ago gold/silver ratio was above >100, massive bull momentum created, even last week silver price pullback is very reluctant and minimal.
Silver has many industrail use and very little silver is recycled.
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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.