Gold is an interesting precious metal to follow, but what about silver? That commodity is even more interesting to follow. Some investors say that we can see $100 once the price have reached $50.
John Williams says the price of silver can go as high as $500 inflation adjustet from its historic highs using the old CPI measure. This precious metal cannot achive the official currency status, but together with gold, silver is the best candidates for unofficial non-fiat money that investors can purchase.
People do not wonder how low the silver price can be, but how high the price of silver can go. The risk is high and the trading range is from zero to infinity in a scenario of a hyperinflation of the U.S dollar.
Gold to Silver Investment Ratio Inverted – Using the above ground investment grade 1000 ounce bar form, the gold to silver ratio reverses. The historic Gold/silver price ratio measure has been traded between 10 and 20 ounces of silver to 1 ounce of gold. In this measurement, the silver is more valuable than gold because silver is more rare in its investment form for investores.
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