Paper silver price to see a 3 bagger w/in 9 months due to myriad reasons imo.
The gold-to-silver ratio increased from about 40x at the start of the decade to almost 100x by the end of the decade.
For additional context, note that price has gone up 5 out of the past 10 days.
For another vantage point, consider that silver’s price has gone up 18 of the previous 30 trading days.
Well, the silver price closed right at an important technical level on the last trading day of may.
Or to view things another way, note that out of the past 30 days silver’s price has gone up 18 them.
Out of the 5 instruments in the metals asset class, silver ended up ranking 2nd for the day in terms of price change relative to the previous day.
Spot gold was trading at $1,718 an ounce, while silver was at $16.86….“
The silver price is disgusting 30+% above premium for shops that do have it.
This is the time for precious metals investors to start stacking silver!