/biz/ - Business & Finance

>>56506132
>I see it as a rule of economics by this time. Silver has consistently underperformed for 60 years now. It will probably never catch up to gold, let alone beat it.
As you said it's a rule by now, designed and enforced by men, and rules are meant to be broken when they are too detached from reality.

Because in 60 years not much have changed for the G:S ratio, almost always favoring gold, but it's been only decided by old men behind closed doors (quite literally if you remember the Rothschild price fixing room in the City of London). Gold being a more efficient vehicle of concentrated wealth per square meter was pretty much the lone factor deciding it as THE safe, tangible asset to the powers that be. And partially also because silver was useful elsewhere, thus central banks didn't want to compete with industries in the acquisition of their monetary benchmark.

But the economic and industrial reality changed a lot in 60 years, and the G:S ratio still have to catch up to it. Nothing reflect the 1:8 mining ratio we experience since a decade, who is soon to be 1:7, nothing reflect the massive under-investment in the silver mining sector, or the ever increasing demand in all kind of industries. Nothing in the price take into account silver is mainly a surface-level crust amalgaming metal, which means unlike gold we wont find more the deeper we dig. Nor is taken into account the withering of western nations, who knows, maybe new economic alliances wont want gold to remain the only monetary benchmark?

What i try to say here is gold was helped by central planners and richfags (who became always increasingly richer in a system they designed to only serve themselves). Silver had to do it all on it's own, with no help, no recognition from the big fishes, only by virtue of being useful and unique in it's own way.

The only unknown factor is the timeline, it could still take a while before this correction manifest into reality, but i'm persuaded it's inevitable.

>>49345387
Not interest in whatever you're selling, fuck off.