Loading ...Long story I skimmed it.
Part:
My analysis is pretty straightforward. Silver is insanely undervalued at any price below $20 an ounce. The current gold-silver ratio of 82 to 1 is egregiously high and represents little downside risk for silver investors.
The upside is that silver might one day revert to its traditional value. If one day’s skilled wage was to once again become equal to a single troy ounce of silver, it would imply a silver price of at least $200 per ounce. Anything even close to this result would enrich silver stackers beyond their wildest dreams.
However, I feel it is important to note that I don’t think the price of silver will skyrocket while the global securities market bubble is still in play. As a bedrock tangible asset, silver is the antithesis of the paper asset casino that currently dominates the marketplace.
In other words, silver will only rise dramatically in price if it is either partially or completely remonetized. And remonetization will only be possible once our grotesque paper asset bubble has definitively (and messily) popped.
So I’ve got good news and bad news for you. The good news is that I think you have a little more time to get in on this stunningly undervalued monetary metal. The bad news is that one day when we least expect it, this marvelous bargain will be gone.
Found here