from my understanding the price of silver/price of gold ratio is currently about 60:1 - historically the ratio is much lower - so theoretically silver should be more elastic than gold as fiat currencies deteriorate.
also, silver has many actual uses as opposed to gold, and is found closer to the surface than gold - meaning more of the worlds silver resources have already been discovered as opposed to gold. supply is likely to be more inelastic, and demand for silver consumes the resource rather than just resulting in a change of ownership.
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