Understanding the relationship between gold and silver is the key to grasping this round of the precious metals bull market.

Gold has been rising for so long, while silver has been stagnant. Many people are anxious: Is silver no longer viable?
Don't worry. Look at a 50-year history, and you'll find a hard rule: gold rises first, then silver goes crazy.
In the 1970s, gold increased 20 times, silver 30 times. From 2000 to 2011, gold increased 7 times, silver 10 times. Every time, gold leads the charge, with silver following behind.
Why?
Gold is currency, favored by central banks. Capital inflows are rational and restrained. It breaks through first, establishes a trend first, and leads the majority into the market.
And silver? It has a smaller volume, greater elasticity, and is both a precious metal and an industrial metal. When gold's rise convinces everyone, the more elastic capital starts to flow into silver. At this point, silver's slope begins to steepen.
Therefore, silver's acceleration is never the start of a trend but a signal of trend deepening.
Looking now, gold has already broken out, and silver has just shaken off its consolidation. The historical script is playing out again.
In one sentence: gold determines the direction, silver amplifies the volatility. Don't dislike silver for being slow; it's just waiting for gold to heat up the market.
Where do you think this round of silver madness can go? Share your thoughts in the comments. #我在Gate广场过新年