Founders PM: Michael Oliver on Gold & Silver Spread, Trade Update

Institutional Insight

Includes UBS and Barclays reports mentioning Gold

Michael Oliver regarding the Gold/ Silver spread.

Michael put out a note today we thought worth passing on.

We’ve run this spread before and emphasized its importance. It has been the history of this relationship—that when silver shifts into outperform status vs. gold the upside price dynamics in both mone…