Jeff Clark, Senior Analyst, GoldSilver.com
FEB 24, 2020
Does Mike Maloney buy more gold or more silver? Which is he buying now?
As he and Ronni Stoeferle of Incrementum discuss in this new video, the gold/silver ratio (gold price divided by the silver price) continues to hover near historic highs.
This 50-year chart shows where the current ratio fits historically, as well as the gains silver experienced when the ratio fell.
As Ronni points out, the gold/silver ratio is at its highest level since 1991 (at the time of their recording). This makes silver clearly a better buy than gold. And the metal that will see the biggest gains when the ratio reverses.
Mike shares his personal buying strategy: “The gold/silver ratio determines how I allocate my portfolio. And right now, silver is incredibly undervalued to gold, and gold is incredibly undervalued to everything else.”
Mike relays a story where he got 1.8 times more silver when he sold gold and bought silver, based on playing the ratio.
“A day coming when the silver price spikes and pushes the GSR to 20. At that time, I will probably convert some silver to gold—and will get 4 times more gold!”
Watch the video now to see if helps in your personal buying decisions.