Proactive analyst Ryan Long says silver has been turning heads in recent months and there are signs of a sustained near-term uptrend that could extend for some time. He says the gold-silver ratio has now risen from a low of 34.7:1 in April 2011, its lowest level since 1979, to its highest level in 87 years of 111.7:1 in April 2020, before reducing to 90.6:1 in July on the back of a 35% rise in the silver price over just three months.
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Analyst Ryan Long asks if we could be facing a sustained uptrend in the silver price
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TSX-V:AAG
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