Hecla Mining CEO, Phil Baker, is confident that silver will “absolutely” soar past the $20 resistance level, “whether it’s this year, or in the future.”
“When you think about the gold-silver ratio, silver should outperform gold,” Baker told Kitco News on the sidelines of the BMO Global Metals & Mining Conference.
The gold-silver ratio currently stands at 80, much higher than the historical average of 60 of recent years.
- Source, Kitco News
