Is Gold/Silver Overvalued? 5 Year Average Chart
Above is the 5 year price action for both gold and silver. It is my personal opinion that in the (short) term both gold and silver are slightly overvalued. Of course, I am an avid stacker and totally believe in the long term value of both of these metals! I believe that in the long term both of these metals will appreciate in price but I also believe that in the short term there might be a drop in price.
I've drawn in some rough estimates of what I believe are fair values. Take this as opinion because of course the price could do anything!
Let me know what you think!
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I believe Gold and Silver are getting ready for "Take Off" to the Moon...
Than, expect to see Silver Circle the Moon and head Straight to Mars...
October 19, 2019... 11.7 Hollywood Time...
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I’m on palladium baby
Which will be $2000 an ounce before gold hits $1600
Maybe, seems like palladium is pretty expensive and might be a time to sell as opposed to buy. I’m not educated on palladium though I should do some research
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We shall see.