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Bullboard - Stock Discussion Forum Silver Spruce Resources Inc V.SSE

Alternate Symbol(s):  SSEBF

Silver Spruce Resources Inc. is a Canadian junior exploration company holding 100% of the Melchett Lake Zn-Au-Ag project in northern Ontario. The Project is an advanced precious and base metal property located in the Thunder Bay Mining District, northern Ontario, Canada. The Project covers 11,236 hectares with volcanogenic massive sulphide (VMS) and Au targets located in east to southeast... see more

TSXV:SSE - Post Discussion

Silver Spruce Resources Inc > Historically, silver has outperformed
View:
Post by sdhaka on Mar 08, 2024 5:54pm

Historically, silver has outperformed

Historically, silver has outperformed gold in declining rate environments, making it an attractive investment opportunity. 
 
We examine past instances where the Fed lowered rates and how silver prices soared, surpassing gold's performance. With gold projected to reach $2,230 per ounce, we predict silver could hit $30/oz, given the historical Gold to Silver ratio.
 
 
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