Silver – A sleeping bull
“In modern times, since the 1970s, the average level of the relationship between the two precious metals has been around fifty-five ounces of silver value in each ounce of gold value. When the ratio between the metals is below the 55:1 level, silver is historically expensive compared to gold. At levels above 55:1, silver becomes historically cheap. . .Silver could be a sleeping bull at the $18 per ounce level.
USAGOLD note: At present, the gold-silver ratio is near 87:1. Quite a few among our regular clientele who normally concentrate capital in gold have taken the step to fill their ‘silver gap’ at the current price ratio. Within that group, a good many opt to store the metal at a depository facility by which you can buy or sell with a phone call and it is fully insured. Cost-wise, it is competitive with an ETF and offers the additional advantage of a delivery option in case you would rather have your silver nearby at some point in the future. We invite you to contact us for details.
Repost from 1-28-2020