quantarize
01-12

I would prefer gold as its the gold standard for precious metal. However recently it has surged to unsustainably high level, so stay cautious. This is the same for Silver. A good indicator would be looking at the gold-to-silver ratio (per oz). If ratio is above 80 (means gold price overvaluated relative to silver) buy silver, whereas if ratio is below 50 (means silver price overvalued relative to gold) buy gold. I have no knowledge on oil so cant give any omment.

Gold Back Above $5,000: Rotation to Copper Next?
Gold has reclaimed the $5,000/oz level after a sharp pullback. According to JPMorgan strategist Jason Hunter, the recent volatility represents a healthy consolidation within a long-term uptrend, rather than a trend reversal. JPMorgan expects copper to rebound earlier than gold in Q2, as industrial demand stabilizes and inventory dynamics improve. Is this the moment to rotate from gold into copper-led cyclicals? Will gold reclaim $5400?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment