So does anyone think there is a chance we’ll see a significant price drop in silver this time around like we did when the stock markets tanked from the financial crisis in 2008? Am interested in your reasons why or why not.
You will not see a steep drop in the price of silver unless there is also a steep drop in gold. Silver will always be purchased by investors if the ratio to gold is greater than 45. For example, if gold is selling for $1700 an once then silver should be worth at least 37.77oz (1700/45). In this scenario if the price of silver is less than 37.77 then you should consider buying some silver coins. If the price of silver jumps to $50oz then you should consider buying gold coins if the ratio to gold is less than 45.