Mar 12, 2018 Guest(s): Eric Fier SilverCrest, President & COO
Silver, when compared to the price of gold, is overdue for a rebound, said Eric Fier, CEO of SilverCrest Metals."If you look at the gold-silver ratio...we're at 80 to 1 right now. The last bear market, that was the bottom too, so I got the feeling we're looking at a pretty good recovery," Fier told Kitco News on the sidelines of the PDAC 2018.Fier noted that a rally in silver would be a gradual process. "[Recoveries] never come drastically, it's always just working its way up, and I think we're there," he said.