Silver Prices Won’t Explode Unless This Happens

New York (Mar 4)  The gold-silver ratio needs to come down below 80 in order for silver to see a sustained rally, said Eric Fier, CEO of SilverCrest Metals.

“I’m a ratio and chart guy, so I’m still looking for that better ratio of gold to silver. It’s still above 80. We need to see that below 80 really to start looking at a bull market [in silver]. As far as the overall market goes this year, I think we’re going to exit the year on the silver side better than we started,” Fier told Kitco News on the sidelines of the PDAC 2019.

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