BITCOIN’s Stock-to-Flow ratio is about 114 at the moment, and growing the coming years.
GOLD’s S2F ratio is about 80 and will keep incrementing, albeit more slowly.
SILVER’s S2F ratio is difficult to assess, as it’s stock is difficult to determine, as much silver is consumed by industries rather than stocked.
Anything between 50 down to 20 or less
That’s why I suspect silver’s current rally may be short lived.
Brent Hecht:
https://seekingalpha.com/article/4358031-silvers-stock-to-flow-ratio-and-why-it-matters [2020]
