Loading ...Otavio (Tavi) Costa
@TaviCosta
·
18h
As the market fixates on silver’s volatility:
The silver miners-to-silver ratio is currently at one of its lowest levels in history.
Not long ago, investors were dreaming of silver trading above $50/oz.
Today, with prices well above that level, some producers are operating at sub-$15/oz costs.
These are the mining industry’s equivalent of tech- or software-like margins.
What a moment to deploy capital, even as the market remains distracted by volatility.
Game on.
