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RE: Two Charts That Indicate GFC2 May Be Close & Why I've Just Loaded Up On More Silver Having Seen Them...
500:1 silver gold ratio? That’s ridiculous. That would drive silver lower than five dollars or gold would have to explode. I don’t get it.
Hi @coldsteem, that's simply the ratio that Mike stacks at. He revealed that for ever ounce of gold he owns, he owns 500oz of silver. It's a reflection of how depressed he thinks silver is not the GSR.
Sorry. I misread. I thought you were referring to VALUE ratio, not ownership. Got it. Makes perfect sense in that light.