Friday, May 29, 2020

David Morgan: Silver Beats Gold by Five Times, More Gains to Come

Silver is undervalued when you look at the gold-to-silver ratio, which now stands at a staggering 1:106. Silver is riding on the coattails of the gold rally. 

With a growing universe of negative interest rates, central banks debasing paper currencies, central banks accumulating gold, slowing global growth and coronavirus uncertainty, “gold has become a logical safe harbor for institutional investors. 

Gold preserves wealth, but silver can make you rich.