I'm not sure I could get myself to trade one hundred Silver Troy Ounces for one Gold T-oz. But, imagine, buying a huge farm, long ago, and needing one hundred Silver payment wagons, with drivers, guards, horses, etc, vs. one Gold wagon. And if one has to swim for it... For a bugout, bury the Silver, and run with the Gold. Some "Experts," say out of the ground, the G/S ratio is 7:1. Silver is getting harder to find & depleting. Some say it will be impossible to build a new electrical grid from scratch. Just are not enough not resources, from most difficult to impossible to find or produce. Most of the easy stuff has already been mined.
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Good points!
Personally I think the depletion talk is overstated. That said the demand is there indeed! I do see silver diving in a full on recession given it’s production uses but the floor and premium will not return to pre 2020 area. I’m my humble opinion. But if we had real shortages right now we’d be higher price wise. I just think this idea gets hyped in our space and even back in random years like 2015/2016 many were saying shortages are here! That will come but personally I don’t think it’s here now. I hope we stay low so we can keep buying below $30
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