Textbook ascending broadening wedge for the $gsr (#gold to #silver ratio) has a measured-move of 48.6, meaning 48 ounces of silver to buy one ounce of gold.
At TODAYS gold price, it implies $36/oz silver. But it will be more, because gold price will be more.
At TODAYS gold price, it implies $36/oz silver. But it will be more, because gold price will be more.