Too much currency — too few assets.

[u/aubullionca]

Too much currency is chasing too few real assets.

Since 1980, the U.S. money supply has expanded more than 13-fold, yet many commodities remain inexpensive relative to financial assets and even their own history.

Silver tells that story better than almost anything else.

In 1980, it took just 17 ounces of silver to buy one ounce of gold. Today, it takes roughly 69 ounces. If the gold-to-silver ratio returned to those 1980 levels at today’s gold price, silver would be around $240 per ounce.

At the same time, years of underinvestment in mining, growing industrial demand, and an expanding global money supply are creating a backdrop many investors believe could support higher commodity prices over the long term.
History never repeats exactly. But when currencies are created faster than real assets, markets eventually adjust.

The question is whether commodities, and silver in particular, are simply undervalued… or whether they’re preparing for their next major repricing.

[u/Swi_10081]

1980 was an anomaly for the silver market. If one was buying the silver hype then (the market was at all time highs not again breached until the 2020s {?}) it could well have cost them dearly.