PWCC Statement on Recent Card Trimming Concerns

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#11

06-03-2019, 03:21 PM

vintagetoppsguy vintagetoppsguy is offline

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Location: Houston, TX

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Quote:

Originally Posted by Peter_Spaeth

Isn't silver at near an all time low?

Wouldn't that be the time to buy? I'm still bullish on it.

Silver is pulled from the ground at a 9:1 ratio over gold. For every 9 ounces of silver that is mined, one ounce of gold is mined. So if it comes out of the ground at a 9:1 ratio, why is there a price difference of nearly 90:1?

Doesn't something have to give? Either gold comes down or silver goes up?

You can follow the herd. I'll be myself.

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