Crypto currencies have made great gains in recent years, while the price of precious metals are down from the 2011 highs. Gold closed at $1300 an Oz and silver at $17.06. The price of metals can be manipulated as they trade in ETFs and futures markets, and has turned many away from precious metals. The most common precious metals to invest are Silver, Gold, platinum and Palladium
Silver looks to be undervalued because it is mined at a ratio of one OZ of gold to 9 Oz of silver, yet the price ratio is is 1 to 76.
For 1 OZ of Gold you can buy 76 OZ of silver.
The price of silver should be higher. Most of the silver mined each year is used up for commercial use. Silver is a much better conductor than copper and in many uses of technology silver is an absolute necessity. Considering the advancements of technology, the demand for silver is only going to increase, since it can't be replaced.
A good example of the need for more silver is in solar panels. As the technology becomes widespread, there will be a need for more silver.
Silver can also protect you from inflation, In all of history and everywhere in the world , silver has and will always be money, because it is indispensable.
There are many more reasons why the price of silver should be higher in the future , this are just some things to consider.