Hello everyone. Today 4 May 2022. The Silver market is currently at $22.330 and gold is at $1,863.10 and the gold silver ratio is at 83.383 at the time of my writing this to you. Timing is excellent for buying on the dip’s vs buying when the market is rallying or on the upward trend. All of these things are important when the dollar is gaining strength against the Euro and hitting an all-time high in 5 years the USD vs Euro is 1.05 USD per Euro. These two are almost at parity meaning a 1 USD for 1 Euro. This is good if you are traveling and the USD is a stronger currency. Plus, all of this is due to anticipation of the federal reserve making a good decision on interest rates. Do not forget when the USD starts to fall the flight to safety is within precious metals gold and silver.
The gold and silver ratio is at 83+ today which is important because this means silver is significantly undervalued. Meaning it takes 83 ounces of silver to buy one ounce of gold today. Hence this is a great time to buy Silver. Vs a couple of weeks ago it was in the high 70’s. Buying time is NOW especially ahead of the federal reserve making their decisions to raise interest rates not. Which could lead to another flight of buying gold and silver and the price will of course go up again. Feel free to visit our website at https://www.sovmintx.com and whether you want to buy 1 gram of casting grain of silver or you want 1 ton of Au or Ag per week we can help you get the best price possible. We also offer Vaulting services for you to store your precious metals when you buy from our website. Let me know if you have any further questions.
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