STEEMIT Gold / Silver Report: Will Silver Hit Triple Digits? Kootenay Silver CEO Weighs In.

in #money6 years ago


Moving into the new economy, we will build this together friends.

Precious Metals are being backed as Blockchain assets every week, we can have it all.

Let's chase Liberty and rid ourselves of the Banksters messing with everyone on the planet.

-- The gold-silver ratio currently stands at 80, much higher than the historical average of 60 of recent years.

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Reminder that the Government of Canadastan sold off all reserves of our gold not long ago, in early March of 2016.

Our money, like most, is literally backed by NOTHING and that is addressed in part in the COMER.org lawsuit against the government, to return the monetary policy to the hands of the PEOPLE.

COMER is the Canadian version of END THE FED in the USSA.

https://globalnews.ca/news/2557900/canada-sells-off-remaining-gold-reserves-has-just-77-ounces-left/?sf21979544=1

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Silver is set for a major rally, according to Kootenay Silver CEO, James McDonald, citing a high gold-silver ratio as the reason.

“If you look at the gold-silver ratio, it’s at a historic high, and if it reverts, it will revert at some point, to even the median around 55-60, silver would be over 21 bucks today,” McDonald told Kitco News on the sidelines of the International Mining Investment Conference in Vancouver.

McDonald noted that while silver won’t be reaching triple digits any time soon, the white metal will have a lot of upside leverage when it finally moves.

“I see it going much higher than it is now, just by reverting to that median line,” he said.




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$100 silver is not out of the question for me. A weakening dollar is making for a commodity bull.

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