Silver Is Way Undervalued Compared With GoldSubmitted by bobbyw24 on Tue, 03/29/2011 - 07:37
Mother nature, one could say, is the ultimate asset allocator over a long enough time span. Going by that notion, silver is very undervalued versus gold.
Silver is about 16 times as plentiful in the earth’s crust as gold, according to John Stephenson, author of the “The Little Book of Commodity Investing.”
Yet, the price of gold [GCCV1 1413.20 -6.70 (-0.47%) ] per ounce currently trades at about 38 times that of silver [SICV1 36.655 -0.433 (-1.17%) ].