This could be as good as it gets before the negative effects of the next inflation problem created by the Fed and government become apparent to the public.
Ms. Curry is the VP of Corporate Development of Kodiak Copper Corp. Having worked in senior management positions with several mineral and development companies for over 25 years.
After silver hit a high of $121, some are expecting it to go to $200 next and the gold/silver ratio, currently at 60 (it has been recently as low as 44), to fall to the 20–30 range.
In a recent episode of the Money Metals Midweek Memo, host Mike Maharrey opened with a blunt reminder from Thomas Paine that cuts straight to the heart of today’s monetary debate.
Given the huge up move in silver once it broke that the long-time high of $50, we could see a retest of the $50 zone. Naturally, new highs would end any discussion of a test lower.