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Mike Maharrey: What's wrong with silver? Nothing at all!

Section: Daily Dispatches

By Mike Maharrey
Money Metals Exchange, Eagle, Idaho
Friday, October 18, 2024

What's wrong with silver? 

I hear this question a lot. 

After all, while gold continues to hit new record highs, seemingly on a weekly basis, silver is still well below its all-time high. Meanwhile, the gold-silver ratio remains mired above 80-1, signaling that silver is historically underpriced compared to gold this year.

So what's wrong with silver?

... Dispatch continues below ...


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The short answer is: nothing. In fact, silver has outperformed gold. The perception that silver is a laggard lately has more to do with gold's exceptional performance than silver's underperformance.

Silver is up about 34% in 2024. That compares to gold's 30% gain.

Nevertheless, it is fair to wonder why silver hasn't closed the gap with gold. ...

... For the remainder of the analysis:

https://www.moneymetals.com/news/2024/10/18/whats-wrong-with-silver-nothing-003545

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