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Is Silver Poised to Catch Up to Gold's Record Rally?
Back in 2011, it took 25 ounces of silver to buy an ounce of gold. Recently, the gold-to-silver ratio, which indicates how many ounces of silver it takes to buy a troy ounce of gold, crossed over 100 before coming back toward 90. Factors Contributing to Silver's Underperformance: A primary driver of silver's historical underperformance is technological change. The widespread adoption of smartphones, for instance, significantly reduced the demand for photographic film, which historically relied on silver plates for development. In 2000, photographic applications accounted for approximately 25% of global silver ... (full story)