Commodity Trade Mantra: Silver is an Investment Opportunity of a Generation

Article by Remy Blaire in Commodity Trade Mantra

Andy Schectman, president of Miles Franklin, remarked on the fairly predictable price action in gold and silver leading up to a Federal Reserve meeting. He views it as an opportunity for investors to accumulate the “undervalued assets.”

Schectman says the central bank prefers “the appearance of a strong economy — but not too strong because an overly bullish forecast brings the Fed’s flip-flopping on rate hikes into question.”

Notably, the gold-to-silver ratio was explored in the brief but valuable discussion about the conditions in the bullion market. Schectman noted that the gold-to-silver ratio stands at approximately 84:1, an “inequity … screams to me of opportunity – akin to 4 feet of snow in the Florida Keys.”

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