High Probability For Silver To Go "Exponential" - Guggenheim Co-Founder

Posted by Vincent Tie on 29 Jan 2020

When asked what would be his "number one conviction trade in 2020", Scott Minerd answered without hesitation: silver. Minerd, who is also the Guggenheim Global Chief Investment Officer (CIO) , explained, "When you look at the relative values of silver and gold, silver is about 65% below its prior peak while gold is very close to its prior peak". Silver has more room to run and therefore it has a "strong probability" to go "exponential".

Listen to Minerd's full interview below: