Tao Economics

Navigating Economics Cycles for Preservation and Survival

Silver Hitting Extremes

- Posted in Precious Metals by

The silver/gold ratio is hitting 90 and above again. As you can see from the long term gold/silver ratio chart these are extreme levels where silver is cheap compared to gold.

The large spike from covid can be somewhat misleading as even though the spot price tanked, premiums over spot sky rocketed.

While the silver chart looks messy, buying today is a good deal for the long term. Right now it's in the $22 range: https://finviz.com/futures_charts.ashx?t=SI&p=d

The move is from public (gov debt) to private assets. So any private asset that looks cheap buy it.

For online buying just go to APMEX's deal page: https://www.apmex.com/deals