source: stockcharts.com
The lower panel of the chart shows the ratio of Silver / Gold prices and the upper panel shows gold prices, starting from 2002 when the current long-term bull market in precious metals had started.
The green area on the lower panel indicates long-term buying opportunities for gold, silver and precious metals stocks. On the other hand, the red area depicts selling opportunities.
Now, it looks like we are at a very early stage in the current bull run.
That is, of course, based on a silver / gold ration that holds steady over the long term. There is a bullish trend but it is not clear if this ratio is the leading indicator.
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