DataTrek: Silver Undervalued Relative to Gold, Cyclical Gains Expected According to DataTrek, silver appears undervalued compared to gold when examining the historical gold/silver price ratio. While gold has reached new all-time highs, silver remains below its 2011 peak. The current gold/silver ratio stands at 78:1, higher than the historical average. Despite silver’s 27% year-to-date gain compared to gold’s 19%, silver’s significant industrial demand (57% of total demand) contrasts with gold’s primary role as a store of value. Historically, the gold/silver ratio has spiked during economic uncertainties. DataTrek’s Nicholas Colas suggests that silver’s relative undervaluation could lead to further gains this year, although gold remains the preferred long-term investment. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts McDonald’s Reports Low-Income Consumers Struggling Amid Inflation READ MORE Jamie Dimon Sounds Alarm on Economy Amid Inflation and Fed Tightening READ MORE Gold Milestone: Standard Gold Bar Hits $1 Million Mark READ MORE Thirty-Six Minutes of Chaos: Analyzing the Flash Crash READ MORE Recession Predicted for 2024 by Economist Cam Harvey READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment