Silver Price Taking A Snooze Ahead Of Breakout? (Video)
Silver Price Taking A Snooze Ahead Of Breakout? Video by KitCo News
At current levels, silver is expected to “explode” if the right trigger hits the market, owing to its superior risk-return profile, said Todd Horwitz, chief market strategist of bubbatrading.com.
“I’m a buyer [of silver]. I think it’s fine and I’m willing to take it lower if it goes lower, but I do think that at one point with the ratio of 87, the one against gold right now, I think it will one time just explode and close that ratio and close that gap and I think that’s really what we’re looking for,” Horwitz told Kitco News.