Long term, I’m a gold guy. But IMHO this is a buying opportunity for a seriously undervalued asset. Even if silver remains low relative to the dollar I would expect to be able to flip it at some point for gold. All of which said, we are in what may be the early stages of a financial crisis and IAM NOT CALLING A BOTTOM IN SILVER. It may well continue to decline. Long term though I think this is cheap. I prefer to buy assets on their way down, not up. Your mileage may vary. Do your own due diligence. Caveat emptor.
All Pre Retirees, silver or gold is a fantastic opportunity over the next 7 years.
Thank you President Trump!
Trump roars the economy, dollar up, gold down. Buy, buy.
When the next Liberal Democrat gets elected, or Rino Republican, silver will rise or hold its value, throughout your retirement. This is a great hedge strategy.
When trying to trade on the historical ratio between two asset classes the only way to do it with good chances of success is arbitrage. Arbitrage requires taking simultaneously long positions in the apparent cheap asset (silver) and short positions in the strong asset (gold). As the ratio returns to historical norms the profits on one side of the arbitrage exceed the losses on the other. The overall profit may not be as great as a naked one sided transaction but the probability of success of the two sided trade far exceeds that of the single trade.
That may be the craziest thing I ever heard. Oh yeah..... I love to buy an investment that I immediately lose money on.