Tuesday , 26 November 2024

Silver

A Close Look At the Relationship Between Gold & Silver (4K Views)

Until the crisis in the international monetary system is resolved, the monetary aspect of silver will dominate its industrial aspect, and gold will keep its leadership role. As the silver price goes up, the more the industrial demand will decline, while the monetary demand will rise. The question is, in what proportions will this happen. Central banks and sovereign funds will dominate the gold market, whereas private investors will mainly dominate the silver market. There is no central bank that I know of that is buying silver today for its monetary reserves. Gold remains mainly a monetary metal, whereas silver has, above all, become an industrial metal that, in a monetary crisis like today's, can play a monetary role, as "poor man’s gold".

Read More »

Silver Has the Potential to Increase 4-Fold From Today’s Price – Here’s Why (+3K Views)

The price ratio of gold to silver has fallen precipitously in raging bull markets for the metals, so the silver price could have an upwards move at four times the rate of any gold price increase. I think that the fundamentals look better than ever, and...[that] there is an explosive move coming in 2014. [Indeed,] I think that within a reasonable timeframe silver will probably trade over $100.

Read More »