Could it be the perfect time to \u0027get richer\u0027?
and silver have helped investors preserve their wealth for centuries. They can’t be printed out of thin air like fiat money and their value is largely unaffected by economic events around the world.
“FYI Gold Silver Ratio oldest tracked rate in history: For 20th Century the gold: silver ratio was 47:1…47 oz of silver=1 oz gold. Today 85:1,” he wrote in a tweet last month.Article content The grey metal is widely used in the production of solar panels and is also a critical component in many vehicles’ electrical control units. The industrial demand — plus the hedging properties — makes silver a very interesting asset class for investors.
It’s not necessarily good for your wallet because higher oil prices mean you are paying more for gas. “Middle class wiped out by higher oil inflation,” Kiyosaki recently tweeted.
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