Silver’s price gains this summer are nearly double that of gold. Still, the white is significantly undervalued relative to gold. Perhaps that’s why ETF investors are buying silver at the same exponential pace as in 2009. Silver also has strong fundamentals due to a combination of surging investment appetite for bullion, expanding industrial demand, and dwindling production. For those reasons, MRP is table-pounding bullish.
To read this Market Insight, you’ll need to sign in
If you don’t have a subscription, get in touch for a free trial.