The price of gold and silver would be much higher under current market conditions if it weren’t for some strength in the stock and bond sector. Is this bad? No it’s not, especially for first time and long term investors, because right now it is allowing for exceptionally cheap prices for buying and investing in silver.
As traditional investment forms reach their bubble and subsequently fall, including interest rates rebounding and global economic recovery, silver is expected to emerge as the leader – reaching never before seen highs.
Silver is approximately $26 per ounce, compared to gold at roughly $1,600 per ounce right now. The value ratio between the two is substantially skewed compared to its traditional value and mirroring relationship. Because of this and what lies ahead, pay particular attention to silver, because silver investors are potentially going to be very wealthy in the next few years.
According to Stephen Smith, founder and managing member at Smith McKenna, the key to investing in silver both in the past and in the future will always be having the right knowledge and position in the market. One part of that is the price of the investment, and right now marks the perfect time to invest in silver.