Silver Dropping Like A Stone While Gold Holds Steady

Silver Dropping Like A Stone While Gold Holds Steady by Rory – The Daily Coin

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Louis Cammarosano, smaulgld, sent me the chart below showing a 2 point rise in the Gold/Silver Ratio – just this morning. I don’t watch the charts as closely as I once did because there hasn’t been anything to see, with a few exceptions, for the past several years. The charts this morning has my attention, as the waterfall drop in silver is very, very dramatic. What caused silver to fall off a cliff, while gold has hardly moved down?

We ask just two days ago if the cartel would allow the rise in silver to stand and I guess we now have our answer.

Here is the chart sent to me earlier that altered me to all this.

Will we ever see the GSR back down in the range of 30/1 or lower? The current mining ratio is 9.5 to 1 silver to gold – meaning we are mining 9.5 ounces of silver for every one ounce of gold, but yet the market is setting at 82+ to 1. Makes no sense, but what would one expect in rigged markets.

Will we see a “V” pattern in silver with a fully recovery of this 0.20$ drop or will the cartel use this to push silver lower?

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Rory Hall, The Daily Coin and Gospel News Network. Beginning in 1987 Rory has written over 1,400 articles and produced more than 500 videos on topics ranging from the precious metals market, economic and monetary policies, preparedness as well as geopolitical events. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver, Gold Seek, SGTReport, and a great many more. Rory was a producer and daily contributor at SGTReport between 2012 and 2014. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Dr. Warren Coates and Peter Schiff, to name but a few. Don't forget to visit The Daily Coin and Gospel News Network to enjoy some of the best economic, precious metals, geopolitical and preparedness news from around the world.