Prices precious metals out of whack?

cloud_dog

Ok, I'm just going to put it out there.... I've sort of lost track of what this thread is about :huh:

JohnRo

cloud_dog wrote: »

Ok, I'm just going to put it out there.... I've sort of lost track of what this thread is about :huh:

The original assertion was that silver is a screaming buy because it costs the same as gold to produce but only commands a fraction of the gold price..

That then seems to have expanded into it being a screaming buy because it was also, relative to gold, more expensive half a century ago..

makes perfect sense..

cloud_dog

Well, the gold / silver ratio currently shows that it is , well, quite high...:(edit: tried to insert the image but that didn't work)

https://www.macrotrends.net/1441/gold-to-silver-ratio'>Gold to Silver Ratio - 100 Year Historical Chart</a>

...so, that seems to indicate that silver is under-valued.... or, does it mean gold is over-valued...:undecided

under_my_thumb

Either it's a screaming buy, or its a stable store of value, but it can't be both. Make your mind up.

But it might turn out to be neither a stable store of value nor a screaming buy.

This sort of logic is of course irrelevant, because we're in the realm of obsessives.

All the above can be applied to gold, silver, or indeed bitcoin, depending on who you're talking to. Sometimes all of them with the same person!

DiggerUK

cloud_dog wrote: »

Ok, I'm just going to put it out there.... I've sort of lost track of what this thread is about :huh:

It started with post number 1..._

RealElement47

Rhodium now at $9000 per ounce.

Silver at $18 per ounce.

Silver not at $18000, not $1800, not even $180 which would be the inflation adjusted price from the 1970s but silver really is still just $18 per ounce while Rhodium is $9000 per ounce.

The new crypto craze is in precious metals.

Palladium and Rhodium are the fist to moon shot and silver is still the most undervalued compared to the others