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Correct; silver is about $25-30 per ounce whereas gold is closer to $2000 per ounce. If silver was to climb to $1000 per ounce it would likely be due to hyperin
by jasongill 6y ago
Correct; silver is about $25-30 per ounce whereas gold is closer to $2000 per ounce. If silver was to climb to $1000 per ounce it would likely be due to hyperinflation of the USD, not a sudden scarcity of silver
- belorn 6y agoOkey, then at least I understand the subtext of that comment. Through, it does make me wonder. How likely were it that the oil price went into negative last summer? From someone who does not follow the raw material market, that event sounded more strange than a tulip mania.