by Theodore Butler
Particularly at times like these, when we’re experiencing things few would have imagined, it’s important to reach out for that which gives long term perspective and grounding. These days, it’s easy to get wrapped up in the short term and lose track of the long term. It’s no different for gold and silver. And I freely admit this is one of those “do as I say, not as I do” things, as it’s hard for me not to focus on the here and now in matters related to gold and silver.
Fortunately, there is something readily available that helps to filter out short term noise and provides long term perspective. That something is relative valuation. In fact, relative valuation is something widely followed and discussed in the form of the silver/gold price ratio and I’d like to take a closer look at it today.