70-1? This Silver To Gold Ratio is INSANE & UNSUSTAINABLE – Keith Neumeyer

silver-eagle-coinKeith Neumeyer, President and CEO of First Majestic Silver Corp and Chairman of First Mining Finance returns to SGT report to discuss the roller coaster ride for mining stocks in 2016 and where he think we are in the current correction. Always a straight shooter, Keith bemoans the current 70 to 1 silver to gold ratio asserting that it is no longer sustainable as miners like First Majestic are only yielding only 9 ounces of silver for every one ounce of physical gold they find, and that real world ratio is continuing to decline.

1 oz Silver Rounds

2016 30th Anniversary Proof Silver Eagles Available Now at SD Bullion!
Secure Your PR 69 and PR 70 Graded Coins Before They’re Gone!
2016 Proof Silver Eagles For Sale