More and more articles report an inevitable rise in the price of silver justified by various elements (increase in the money supply and debts, increase in gold, weak ratio compared to gold,. ..).To read some, a price of $ 50 ounce is likely in the medium term.What do you think, isn't this a bit naive optimism?
Gold is a monetary metal while silver is also a monetary metal, but that function is diluted by industrial uses. With an economic slow down, may a collapse, I would expect gold to outperform until price discrepancy gives silver its poor man's gold handle again, then the two should go up similarly. That said, with gold silver ration near a hundred, I would think silver should be in that poor man's gold position now.Gold is inert thus does not change in value (a core characteristic for money), it is the flaws in the measuring tool that are revealed when gold's price changes. That tool, namely the dollar for Americans, is deeply flawed and totally mismanaged by corrupted central bankers. Those flaws are being exposed here a little behind other currencies as gold is making new highs outside the US, but here, new highs are on the way, or more correctly said, new lows for the dollar are on the way as the ways of the past foolish elite become more apparent.
that video is classic; and we think sound money is an option? I think it would be a very hard sell w/o current fiat system falling flat on its face.