RE: AMRQ - Amaroq Minerals3 Nov 2025 15:27
Hi All,
Thanks for the reply over on GJGB Portfolio and I'm glad you put it here too. Equally good to see your reply ID. I do think gold has a long way to go yet, but I'm also closely watching the gold to silver ratio. It currently stands about 80:1 so 80 oz Silver to 1 oz gold. Historically this ratio narrows sharply in Pm bull cycles - and we are still far from those historical compression points.
In past cycles the ratio bottomed at 15 - 30 For silver to return to even a 40 ratio at current gold prices it would need to trade near $100 oz nearly double....
I'm thinking a period of consolidation followed by a continuation of the trend of the last couple of years.... but just my humble opinion!
GLA
GB