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Precious metals expert and financial writer David Morgan says silver is still 65% off its all-time high and is a much better value than gold. Morgan points out, “Relative to all asset classes, I can’t think of one that is more undervalued than silver. If you look at every asset in the metals world, meaning base metals . . . anything to do with the periodic chart, every one of them has obtained a higher price level than it was in 1980 except silver.”
If we look at the Gold/Silver Ratio right now all signs point to a massive rally. And if you recall sometime in 2008, silver was trading at about $9.70/ounce as we were entering the recession of 2008. The price of silver after breaking down in the gold/silver ratio below the 80 level, exploded to a high of $49.82/ounce. That was approximately a 500% gain in the price of silver. And during this period of time, many fortunes were made and lost. The gold/silver ratio reached the high of about 88 to 1 in 2008, before it collapsed in the same time frame that silver exploded to almost $50, with the ratio reaching a low of 30 to 1 by mid 2011.
Let’s be clear… Gold and Silver will explode in the coming months/years. Nobody can predict when. But history has proven it time and time again. Which side will you be on when it happens?
Watch the interview here…
https://www.themorganreport.com/blog/silver-most-undervalued-metal-out-there/