Benzinga: Peter Schiff Says Silver is Set for an 'Explosive' Rally as Yellow Metal Nears $3,000: 'If You Think You Missed the Boat on Gold'
Article by Namrata Sen in Benzinga
Noted Economist and Strategist Peter Schiff recently opined on the current gold-to-silver ratio, suggesting a potential surge in silver prices.
Schiff posted on X on Tuesday about the gold-to-silver ratio, which stood at over 90:1. He noted that gold, trading at $2,940, was likely to continue its upward trajectory, and predicted an “explosive catch-up move” in silver, currently priced at $32.22. He advised investors who felt they had missed the gold rally to consider buying silver.
Schiff’s comments come in the wake of gold’s impressive performance, which has seen it outperform Bitcoin and U.S. equities. Gold prices are near the $3000 mark, outpacing U.S. equities amid market uncertainty ......