According to some (e.g. Mike Maloney) the Ag/Au ratio (anywhere over 110, having peaked at about 120) is the highest ever - and I mean ever ever (like ever in 5000yrs of recorded history ever)!
So, although I didn't really think much of your biology analogy, the point is taken that the slingshot effect of the "inevitable" (if history and common sense are anything to go by) catch-up by silver will be astounding.
2 points:
Firstly the normalisation *could* happen by a collapse in the gold price (is that likely? No, I don't think so given the economic madness we are witnessing)
Secondly, when these wild corrections occur they tend to over-shoot (like a pendulum - a better analogy?) so if the ratio is now >110 and the "norm" is, say, 40-50 (should be about 15 as many would agree), then the ratio may shoot back to something anywhere between 10 and 30 before swinging back up again
Do your own calcs on what that means for the Silver price or for stocks like SVL
sasa
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4 | 263116 | 0.088 |
4 | 165980 | 0.087 |
Price($) | Vol. | No. |
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0.094 | 100000 | 1 |
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