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Is Gold/Silver Overvalued? 5 Year Average Chart by dropthatcode

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· @dropthatcode ·
$0.58
Is Gold/Silver Overvalued? 5 Year Average Chart
![gs.PNG](https://cdn.steemitimages.com/DQmXEN9abrToBWQwbuRSsNzgYaP7n3iideYxsxDR3a8z9Ea/gs.PNG)

Above is the 5 year price action for both gold and silver. It is my personal opinion that in the (short) term both gold and silver are slightly overvalued. Of course, I am an avid stacker and totally believe in the long term value of both of these metals! I believe that in the long term both of these metals will appreciate in price but I also believe that in the short term there might be a drop in price. 

I've drawn in some rough estimates of what I believe are fair values. Take this as opinion because of course the price could do anything!

Let me know what you think!

Follow me @dropthatcode for daily updates.

![ssg.png](https://cdn.steemitimages.com/DQmWe73seoxwMBW9EN9nGt3GUAnvvp2smAK9PmRwV8iXYMM/ssg.png)
šŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 334 others
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vote details (398)
@geneeverett ·
I’m on palladium baby 
Which will be $2000 an ounce before gold hits $1600
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@dropthatcode ·
$0.04
Maybe, seems like palladium is pretty expensive and might be a time to sell as opposed to buy. I’m not educated on palladium though I should do some research

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šŸ‘  
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@geneeverett ·
We shall see.
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@pocketechange ·
$0.07
I believe Gold and Silver are getting ready for "Take Off" to the Moon...
![](https://cdn.steemitimages.com/DQmbJjw8S6PMgLipK59NxiJnt2FhHe5vsaxXSQJsSGNhoX4/image.png)
Than, expect to see  Silver Circle the Moon and head Straight to Mars...
October 19, 2019...  11.7  Hollywood Time...
šŸ‘  , ,
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vote details (3)
@steemitboard ·
Congratulations @dropthatcode! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

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