the ratio thing is a crock. We dont destroy thousands of tons of silver per year anymore, as we used to do with developing photographic film.
We don’t, however, electronics/solar panels, etc. have increased and silver mining has all but stopped. Essentially, manipulated futures prices and the cost to process silver has created the conditions for the current supply to quickly diminish beyond a feasible mining effort should the masses want to buy physical. The spot price has already detached from the market price. When gold climbs, it drags silver with it (albeit on a bungee cord). I respectfully disagree about the ratio, but we should see here before too long.
