Can anyone explain why SILVER is undervalued? And does it have a bigger upside than GOLD?
December 17, 2010 by
Filed under Silver Investment FAQ
Right now the price of SILVER is about $10 per ounce. The price of GOLD is around $844 per ounce. The ratio is about 70 to 1, however, historically the ratio is normally 10 to 1. There is a monetary and industrial demand for SILVER yet the price is so low right now.
I’m not a conspiracy guy or anything but something just doesn’t seem right with the price of SILVER. I don’t know if there is price manipulation going on or what but SILVER should definitely be higher.
Can anyone explain why the price of SILVER has been so suppressed? Also do you think that the price of SILVER has a much bigger upside than GOLD as an investment?
