Thats if you believe that the ratio will remain the same.
IT CANT. 43:1 - Silver being the Rare precious metal is used in computers, material, medical bandages.. THEN disgarded forever into the dumps of the world. (landfill)
Gold is horded and treasured, and even removed from the teeth of dead bodies in order to store.
The Gold Silver Ratio will be heading far closer to 1:1 putting the value of Silver FAR higher that $100 per ounce.
IMO you are spot on when the panic buyers seel gold as "too expensive" and they "Missed the boat" so Silver is the vehicle that will be the safe option - not gold.
Position I own silver bullion, SVL and AYN. Looking at YTC as they are finding stikes while they look for other metals.
AYN Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
