If you believe it and hold gold but want to stay in the precious metal game, you sell the gold for silver.
The silver gold ratio is higher than most any time in history, and this would be a good time to take advantage. If PM prices go up, silver will be expected to go up more by %.
Or you could just buy bitcoin.
Silver is not gold. How much silver do central banks hold?The silver gold ratio is higher than most any time in history, and this would be a good time to take advantage. If PM prices go up, silver will be expected to go up more by %.
Or you could just buy bitcoin.
FNG, you are making NL's point for him.
Silver is at a ridiculous 70:1 ratio vs gold precisely because it has been completely (while gold has only been partially) demonetized.
When silver is re-monetized, and central banks revert to the norm of buying/holding it in their reserves, the ratio will fall towards the historic average of 16:1.
The Canadian Mint has some very cool new 10oz bars with anti-counterfeiting features. I'm sorely tempted to buy some, but I know Dr. Cypher would never forgive me!
