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This Is What One Mining CEO Thinks Could Happen To Silver
Silver, when compared to the price of gold, is overdue for a rebound, said Eric Fier, CEO of SilverCrest Metals.“If you look at the gold-silver ratio…we’re at 80 to 1 right now. The last bear market, that was the bottom too, so I got the feeling we’re looking at a pretty good recovery,” Fier told Kitco News on the sidelines of the PDAC 2018.Fier noted that a rally in silver would be a gradual process. “[Recoveries] never come drastically, it’s always just working its way up, and I think we’re there,” he said. (show less)
Silver, when compared to the price of gold, is overdue for a rebound, said Eric Fier, CEO of SilverCrest Metals.“If you look at the gold-silver ratio…we’re at 80 to 1 right now. The last bear market, that was the bottom too, so I got the feeling we’re looking at a pretty good recovery,” Fier told Kitco News on the sidelines of the PDAC 2018.Fier noted that a rally in silver would be a gradual process. “[Recoveries] never come drastically, it’s always just working ... (read more)
PDAC 2018
The Prospectors & Developers Association of Canada (PDAC) is best known for its annual convention, bringing together prospectors, developers, geoscientists, consultants, and mining executives, among others. Considered the mammoth of all mining conferences, this annual event attracts more than 24,000 attendees from more than 130 countries. Don't miss our coverage brought to you by Uranium Energy Corp and GoldMining Inc.Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.
