Just wait to Silver catches a bid .. then we will see Silver more than Double Golds moves higher ..
Present Silver to Gold ratio 90:1 makes zero sense ... 16:1 long term average at present around 8-9:1 Silver to Gold is mined from the earth
Silver known reserves and forward demand predictions see present reserves smoked in max 20yrs
Gold around 25-30yrs
Of course as Prices rise more uneconomic low grade ores can be mined
still around 90% Silver mined in history is Gone .... Gold 90% is still above ground stockpiles so IMHO as some point this ratio has got to come back to sane levels aka mid teens etc..
So if GOLD = 3k Silver $200oz etc
Why I purchased AVM Silver kicker
AVM Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
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