When the Silver-to-Gold Ratio Returns to Its Average

In this appearance on the Flyover Conservatives podcast, Dr. Kirk Elliott explains the silver-to-gold ratio and the ratio-based approach he uses to decide between the two metals. He notes the 20-year average sits near 70 ounces of silver to one ounce of gold, which kept him weighted toward silver while the ratio ran well above that level, and reads the current return to that average, after two attempts to hold above it, as an inflection point where he expects the ratio to compress and silver to outperform. He recalls 2011, when the ratio fell from roughly 70 to 30 in under a year, and says the eventual move is to roll silver into gold to compound the ounces held. He also covers central bank demand and the movement of gold out of North American vaults by the Dutch and by Russia, which he reads as a shift in where custody is trusted, and invites viewers to schedule a consultation with the KEPM team.