SmartyFarty
Member
Silver is looking relatively cheap compared to gold at the moment.
My guess is since it is an industrial metal (as well as a precious metal) it is taking a beating due to subdued growth forecasts out of China and Europe.
According to Wikipedia "Silver as an Investment" - "the average gold/silver price ratio during the 20th century, however, was 47:1".
My guess is since it is an industrial metal (as well as a precious metal) it is taking a beating due to subdued growth forecasts out of China and Europe.
According to Wikipedia "Silver as an Investment" - "the average gold/silver price ratio during the 20th century, however, was 47:1".