Silver price is massively under valued due to the price manipulation preformed by banks since the late 1800’s. If we revert back to the historic (300+ yrs) Gold/Silver price ratio, silver should we worth ~$80/oz. at today’s gold price of ~$1,300/oz. (which many believe is itself undervalued)
The historic ratio also does not take into the account the growth of silvers usage as a industrial metal. For more in depth information on silver supply and demand check out the Thomson Reuters WORLD SILVER SURVEY 2017: http://www.silverinstitute.org/wp-content/uploads/2017/08/WSS2017.pdf
Here is a great article on Historic Silver Prices going back hundreds of years.
Even though there is massive price manipulation, if you look at Silver short ETFs you can see the true belief the market has on future silver pricing. Since 2009 you would have lost ~97% of your investment.
*This article is written for Information Purposes Only, and this is Not Financial Advice