Gold/Silver Ratio Is High, But It's Been Higher [View article]
Ya but you miss one point which is very important and matter to discuss , why gold to short and why silver to long............. so my answer is simple is DELEVERAGING PROCESS ........ DO you know guys what is impact of deleveraging on gold and silver ..........deleveraging is process where higher prices are opprtunity for the funds and inverstors(Those people who bought at US$690 to US$600 level. now what is meaning of this the reason is simple that the people who forgot to book profit at higer prices and if prices are under their value can make profit at higer prices.... but they wont book profit in silver since silver is silver poor, rich everyone has reason to smile on silver.......
So long term i see Silver between US$14 to US$17 , in Rs.terms it can touch at Rs.21200/Rs/24000/Rs.2... are my targetsssssssss.......... so guys see you at that prices.
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Ya but you miss one point which is very important and matter to discuss , why gold to short and why silver to long............. so my answer is simple is DELEVERAGING PROCESS ........ DO you know guys what is impact of deleveraging on gold and silver ..........deleveraging is process where higher prices are opprtunity for the funds and inverstors(Those people who bought at US$690 to US$600 level. now what is meaning of this the reason is simple that the people who forgot to book profit at higer prices and if prices are under their value can make profit at higer prices.... but they wont book profit in silver since silver is silver poor, rich everyone has reason to smile on silver.......
Jan 08 06:18 am
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All Comments by Rakesh V »Gold/Silver Ratio Is High, But It's Been Higher [View article]
So long term i see Silver between US$14 to US$17 , in Rs.terms it can touch at Rs.21200/Rs/24000/Rs.2... are my targetsssssssss.......... so guys see you at that prices.