This accessibility means that as more ‘average Joes’ invest in silver, its price movements can serve as a barometer for gold’s future direction.
Geof further explained that silver’s dual role as both a precious and industrial metal adds another layer of complexity.
Its industrial demand means that silver’s price isn’t just tied to investor sentiment but also to the health of the global economy — especially manufacturing sectors.
Currently, with manufacturing showing signs of sluggishness, particularly in China, silver’s price has lagged despite gold’s gains.
However, should global manufacturing rebound, silver could see significant upward momentum, potentially even outperforming gold, as analysts suggest.
Keep an eye on those precious metals prices — especially silver.
If everything goes according to plan, as soon as we see silver start “playing along”, gold could soar even further than it already has in a short time.
— The Prosperity Pub Team