I don’t think the gold-silver ratio will fall back to even 50. Although silver is the poor man’s gold, gold has a different status. Gold is the basis for currencies and the go to for investors during uncertainties. Comparatively, silver seems second tier that investors buy when gold seems out of reach or gold has rallied too much that investors do not want to risk getting their fingers burnt with it.


I don’t think silver will hit $100. I do expect a pullback soon unless there are many piling into it because gold has gotten out of reach and they want commodities as part of their portfolio to ride the uncertain times ahead. Also, these uncertainties may not last and that will send both gold and silver dropping.


I do not buy comodities as they are speculative to me. There is no basis for growth innately and hence no basic for price rallies. They urge based on uncertainties and supply-demand imbalance. They don’t generate value for me on their own.