Silver is best for smaller purchases. But it should be gaining in dollar value on gold, as it is getting rarer because of the price being artificially kept down, and because so much is being used industrially and becoming unrecoverable. Tons of silver have disappeared, but most of the gold from thousands of years ago is still above ground and available.
Silver is best for smaller purchases. But it should be gaining in dollar value on gold, as it is getting rarer because of the price being artificially kept down, and because so much is being used industrially and becoming unrecoverable. Tons of silver have disappeared, but most of the gold from thousands of years ago is still above ground and available.
The ratio is totally out of whack. It used to be 1:15 - 1:17
March 19, 2020: the ratio was 1:121. Currently 1:72
If your view is only USD -> Gold, you will be missing important information.
The ratio should be closer to 1:12 or 1:10. Silver would appear to be the better choice, especially for those of us with limited dollars to spend.