Monetary Metals's blog

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Monetary Metals has been predicing a rising gold-silver ratio. This ratio moved up very sharply this week, and now it takes 83.2 ounces of silver to buy an ounce of gold.

It's within a hair’s breadth of breaking out past the high set on Oct 17, 2008.

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On Jan 28, the price of silver flash crashed. This irregularity occurred around the silver fix. The spot price was $14.40 but the fix was $13.58.

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We have made a contrarian call for a falling silver price and a rising gold to silver ratio for years. This ratio has risen a lot during this time. Are we ready to change our call yet?

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For a long time, we called for a big drop in the silver price. It stubbornly did not, or when it did drop it soon recovered. In the end, we were right and the silver bulls were wrong.