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Gold vs. Silver the Next 5 Months

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Housekeeping: Good Morning.

Gold revaluation is a process, not an event.

Today:

* Premium: ANZ on Silver and Gold

* Commentary: Gold buying meets silver selling

Equity Recap:

US equities declined on Friday, weighed down by energy (-1.29%) and technology (-1.27%)

Premium Markets: ANZ MidYear, Gold vs. Silver

ANZ On Silver

* Investor demand for silver is picking up as the gold price rises.

* The gold-to-silver price ratio has normalised to 77-78.

* However, weakening industrial activity in China will be a…

The skinny

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