“Silver is the only place to go at this level,” Morgan said. “If you get 92 silver rounds for what you get one ounce for , it pays to just buy the silver, wait , and swap it into gold when the ratio drops lower.”
With the gold-silver ratio currently around the 92 mark, Morgan said silver is currently languishing; however, gold’s ongoing rally will push the silver price higher.
“Gold is doing well, it will drag silver up,” he said.
“Silver has become a bit of a different market since the advent of the cryptocurrencies… once monetary demand comes back, you’ll see silver accelerate because it’s a small market."
- Source, Kitco News
