Josh Sigurdson talks with author and economic analyst John Sneisen about the future of gold and silver as we assess the gold/silver ratio over the past century with recessions in mind. It's quite unbelievable how much one can predict based on the gold/silver ratio chart.
We've seen the peaks of the ratio coincide with recessions over and over again and also followed by massive rallies. It appears due to the obvious peak at the moment that we are headed for a massive run up. Silver appears to be the most undervalued by far!
Gold and silver are historical wealth insurance against crashes as all fiat currencies eventually revert to their true value of zero, always have, always will going back to 1024AD in China. Ensuring you have proper purchasing power and maintain that purchasing power is important and gold and silver have always come to the rescue. As we see scarcity grow as silver supply falls dramatically, we will see the value grow as the subjective value of gold and silver is based in scarcity, application use and demand.
This video is a remake of an early WAM video that we felt we could add to make make better for you!
Stay tuned as we continue to cover these issues!
Video edited by Josh Sigurdson
Graphics by Bryan Foerster and Josh Sigurdson
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