Silver Broke $30… Where Do We Go From Here?
Silvers price have taken the spotlight today, with the metal hitting over $31 per ounce, marking its highest closing price in over a decade. Silver futures have surged more than 6%, driving the price to around $31 an ounce.
Silver has had a strong year so far, with the metal up 30% year-to-date (YTD). However, it remains historically inexpensive compared to gold. According to Seeking Alpha, it currently takes about 80 ounces of silver to buy one ounce of gold, significantly higher than the 20-year average ratio of 68:1.
Watch this video on Silver Broke $30… Where Do We Go From Here?, then please share with your friends and family on social media and use the caption: Silver Broke $30… Where Do We Go From Here?
Video Length: 00:13:02
More By This Author:
The Third Stage Of The Silver Bull Market Has StartedThe Silver Deficit Could Be Growing
Is Silver Worth $1000 Per Ounce? What If It Already Was?
Disclosure: I've Been Helping My Members weather the economic mess for over 20 years. Now I invite you to join my growing circle of successful investors and the 15,000-plus members we've ...
more
Comments
