optionfarmers

Silver Price still below 100? When will silver get a bailout?

Gold is nearing 2000, currently 1971 an ounce.
Gold rising tends to pull up its little brother Silver, "poor mans gold".

silver to gold, and gold to silver, show that it take a historically large amount of silver ounces to buy one ounce of gold. in 2020 it took over 100 ounces to buy 1 gold ounce. When silver has been strongest, the buyer power of 15-16 ounces could purchase 1 ounce of gold.

Some measure of all the real estate and stock exchanges combined place the value of assets in the 300 plus trillion range. Global debt is over 300 trillion.

Silver is 1.2 trillion for all of it.

Silver is used in industrial and electrical applications.
Each electric vehicle has 25 to 50 grams of silver inside.
Each Tomahawk Cruise missiles have 15 kg of silver inside.
War missles or peacetime electrification, either way, silver is consumed.

If you havent already, consider starting a coin collection.

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。