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Have we seen the Bottom?

raybrockman

Published: 31 May 2019 › Updated: 31 May 2019Have we seen the Bottom?

Have we seen the Bottom?

Well they say we have seen the bottom on silver. They say that we have seen the low. I am not sure we have yet. But silver and gold showed some improvements today. Gold is back over $1,300.

Screenshot_20190531-183621_APMEX.jpg

This seems hard to believe, specially how we gave up another point on the silver to gold ratio. Today we saw a high of 89.47 to 1 on the ratio. This may mean that we will see silver catch up with gold next week and close the gap back up. If so then this weekend is a good time to buy some cheap silver.

tractor-wall234-1.jpg

Looks like Trump is gonna get his wall one way or another. The new tariffs on Mexico is driving the markets crazy. Can we expect an increase in the over spot price of Libertads? Might be a good time to pick some of them up as well..

Have a good weekend! Trade those fiat dollars for something else.

raybrockman@raybrockman

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