Silver is more underpriced. It's also less expensive and easier for everyone to obtain. Silver is also becoming rarer, thus getting closer and closer to the value of gold. The dollar price won't matter at some point. But the value of silver compared to other commodities will matter.
Silver market is only ~1,000,000,000 oz a year, This is only ~$25billion. A rich dude could buy all the world silver himself. It's a tiny market, and we can squeeze it good! You need silver for Solar, Batteries, electronics and missles. Not much to go around!
why not gold?
Silver is more underpriced. It's also less expensive and easier for everyone to obtain. Silver is also becoming rarer, thus getting closer and closer to the value of gold. The dollar price won't matter at some point. But the value of silver compared to other commodities will matter.
Silver market is only ~1,000,000,000 oz a year, This is only ~$25billion. A rich dude could buy all the world silver himself. It's a tiny market, and we can squeeze it good! You need silver for Solar, Batteries, electronics and missles. Not much to go around!
Oh, like the Hunt brothers tried a few years ago?