Silver VS Gold – Disconnected price ratio
Silver, at its current price is trading for only 1.78% the price of gold. We have a gold/silver ratio of 56, despite the fact that only ten times more silver has been produced in world history than gold.
On December 11th, 2009, NIA declared silver the best investment for the next decade. On December 21st, 2009, in NIA’s top 10 predictions for 2010, NIA predicted a sharp decline in the gold/silver ratio, which was 64 at the time.
NIA was right, the gold/silver ratio has declined by 12.5% so far this year.
Silver should be selling for over $80 per ounce right now with Gold over $1300 per ounce.
The time is RIGHT to be accumulating more of this precious metal.
Silver Eagles – Get ’em while you can 🙂
