If you have been involved with precious metals for awhile, then you might be aware of the gold-to-silver ratio (GSR). This ratio is the gold price divided by the silver price, which shows how many ounces of silver it takes to buy an ounce of gold.
Historically, in mining, about 9 ounces of silver are mined for every one ounce of gold. Yet, the GSR is sitting at over 60. In the past we have briefly seen 16 and even 10. Many analysts believe we will see single digit GSR in the future.
The GSR combined with other economic factors like supply chain issues and inflation bode well for the gray metal.
You can read the article from Kitco here.