"1 ounce a tonne (or less) is actually low grade, not high grade…"1 ounce a tonne (or less) is actually low grade, not high grade…
That's very true if they were mining it today at current mining costs and returns.
If Silver ever returns to the historical longer term ratio with Gold then it's pretty reasonable.
I guess it all depends on what the lay of the land is once we get the Banking Collapse come Social Reset out of the way.
PS ................. the Banks may not collapse................ they may just revalue their Gold holdings to what is closer to the longer term inflation adjusted price.
And the Social Reset may be more akin to "Guillotines" and "Ropes & Lamp Posts" instead of 15 minute Concentration Camps and compulsory Franken-Juice Injections.
Only time will tell.
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