When investors expect rising inflation or other kinds of currency instability, they buy precious metals generally, but there’s some major differences between the two coveted precious metals
In most monetary reset scenarios, gold and silver will both soar in value.The gold/silver ratio is an important metric to watch for any precious metal buyer.At first glance, gold and silver seem pretty fungible. They’re both hypnotically pretty. Their prices tend to rise and fall according to the same financial/political forces. They’re both seen as real money by a tiny fraction of the population and as atavistic relics by the vast, ignorant majority.
So how much of each should we own now, and how quickly should we plan to load up the truck? The answer is different for each person, but a few things are generally true.The relative prices of gold and silver tend to fluctuate within a broad but discernable range. This gold/silver ratio is expressed as the number of ounces of silver it takes to buy an ounce of gold and tends to rise and fall along with the emotional state of precious metals investors.
These fluctuations typically happen within a range of 40 to 80 , with a high number implying that silver is cheap relative to gold and a low number meaning that gold is cheap relative to silver. Breakouts beyond this range in either direction are useful signals. To sum up, gold is harder to spend but easier to transport. Silver is easier to spend but harder to store and move.It’s pointless to go to all the trouble of stacking precious metals if the government is just going to swoop in and take it all away. This happened with gold in the 1930s, when the US made private gold bullion ownership illegal. Will they do it again? Probably not, because in the 1930s gold was the world’s money, while today it’s classed as a commodity.
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