Sector Focus 

Silver: fool’s gold or a value opportunity?

Silver: fool’s gold or a value opportunity?

Silver just doesn’t draw a crowd like gold. From newlyweds to despots, mythical Greek kings to conspiracy theorists, the yellow metal occupies a revered place in global history, with silver more an afterthought than a precious runner-up. Apparently, you can add investors to the above list. Since 2011, the dollar-denominated gold-silver ratio (how many ounces of silver one ounce of gold will buy you) has more than doubled to 80:1. The last time the multiple was this high Lehman Brothers had just collapsed; a full decade on, market risk only seems to lead to bids for gold.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now