Here is how I see silver. It explains in part why I am so bullish about its prospects. Geologists tell me that there is somewhere between 12-to-30 times more silver than gold in the earth’s crust. So the natural ratio between these two metals should be somewhere in this range. Recently, however, the ratio has been in the low 90s, compared to 30 when silver peaked in its last bull run in 2011. My point is that the ratio should be falling, which it normally does in precious metal bull markets. But so far it hasn’t, which is the anomaly that I believe creates a unique opportunity for value investors. Look at it this ... (full story)