>"The silver market is even more heavily leveraged with paper, meaning even further divorced from the real world. Veteran precious metals commentator, Steve St. Angelo has estimated the paper ratio in the silver futures market at 233:1."https://dynamicwealthresearch.com/news/physical-silver-decoupling-from-paper-market#:~:text=The%20silver%20market%20is%20even,futures%20market%20at%20233%3A1.
Once the whole "meme stock" fiasco sobers up, commodity assets like Silver will look very promising.
>Commodities historically undervalued relative to dollars>Silver used in electronics and EV batteries>Silver:Gold price ratio historically pegged to 40, making Silver worth about $46.A movement to purchase and safekeep silver would bring the price up back to its actual value and more. If everybody in the US bought a 10 ounce coin, you would see a global shift in attitudes towards silver and against relying solely on paper fiat and cryptos as a wealth preserver.
=====
Cryptocurrency market cap is around 1 trillion+ dollars.
Silver's market Cap is around 1.4 trillion dollars, and has much more utility to support manufacturing and wealth preservation.
for every 1% that a crypto holder diverts their savings into PHYSICAL silver, Silver would go up 0.7% alone.