by Adam Sharp
Daily Reckoning
During precious metal bull markets, silver tends to significantly outperform gold.
But we haven’t really seen that yet this cycle. Today we’re going to explore why this is the case, and what it means going forward.
Over the past year, gold is up 39%, and silver is up 37%. Don’t get me wrong, both are doing very well.
But it helps to get a historical perspective. Let’s look at a long-term chart of both metals covering 1960-2024. Silver is blue and gold is yellow.