About a week ago the GSR was around 46:1, Today it’s closer to 59:1. In my way of thinking, silver usually follows gold, and most of the time it follows after gold has already moved.
Gold’s “value” has clearly increased, so I’m expecting silver to play catch-up over the coming days or weeks.
Do I think silver goes to $200? Yes — absolutely. My timeframe would be by, or possibly before, the end of Q2 2026. That’s the horse I’m backing.
There are plenty of horses in the race, and plenty of races to be run. It’s not about picking one perfect outcome — it’s about positioning yourself to win as many races as you can.
SD