Quoted By:
PSA - Gold vs Silver
Silver is shorted nearly 2.5 times more than gold, err it has the most upside. Silver and gold will both increase dramatically in price, but Silver is where the wealth will be made.
Let's use simple math, not common core.
The average silver to gold price ratio has historically been between 10:1 and 15:1. We'll use 15:1 which is silver worst case scenario.
Gold ozt. Currently $2k
Silver ozt. Currently $30
I have $1,000 to invest =
1/2 ozt. Gold
Or
33 1/3 ozt. Silver
Gold goes to $15k per ozt. Silver goes to $1k per ozt.
If I bought Gold, I'd have $7,500.
If I bought Silver, I'd have $33,333.33
You decide.
