If you use the historical ratio, silver would trade at 1:10 with gold, making it near $1,000 per oz., and this would be without factoring in the U.S. dollar materially depreciating from this point.
There are so many factors up in the air that it’s impossible to predict what the price will be in 5 years, but I do believe the tipping point will be when the fraud is exposed and the people (mostly well off boomers) holding paper silver realize that they actually don’t have any at all, you will see a frenzy the likes you have never seen before.
If you use the historical ratio, silver would trade at 1:10 with gold, making it near $1,000 per oz., and this would be without factoring in the U.S. dollar materially depreciating from this point.
There are so many factors up in the air that it’s impossible to predict what the price will be in 5 years, but I do believe the tipping point will be when the fraud is exposed and the people (mostly well off boomers) holding paper silver realize that they actually don’t have any at all, you will see a frenzy the likes you have never seen before.
I hear ya...
Didn't get the Trading Places reference?
u/#ToTheMoon