The Gold Report Interviews Great Panther Silver's
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SAN FRANCISCO, CA --(Marketwired - March 15, 2017) - Great Panther Silver Limited's (
Company included in article: Great Panther Silver Limited
The Gold Report: Can you start off by telling us your perception of the silver market and how you think silver is going to perform in the Trump era?
Bob Archer: I believe precious metals bottomed near the end of 2015. Through 2016 we saw quite a nice rebound both in metal prices and in market sentiment, so that's been very positive for the industry. The price of silver rebounded a lot faster than the price of gold. That reversed the gold-silver ratio that had been going up until the end of 2015, when it peaked at about 83 or 84.
Through 2016, on a percentage basis, silver outperformed gold, so the ratio has dropped back down. At one point it got down to around 65, but it's back up around 70 right now.
I think that trend will continue: The gold-silver ratio will continue to decrease. The longer-term average over the last 10 to 20 years has been around 60. But when metal prices peaked in 2011, that ratio went down to about 35. So there is a very good sense that silver will outperform gold quite significantly over the next few years.
Continue reading this interview: Great Panther Is on the Prowl for Acquisitions
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DISCLOSURE: The following companies mentioned in this article are sponsors of Streetwise Reports: Great Panther Silver Limited. Streetwise Reports does not accept stock in exchange for its services.
The full disclosure is provided at the end of the published article: Great Panther Is on the Prowl for Acquisitions
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