{"id":6567,"date":"2026-01-24T19:06:01","date_gmt":"2026-01-25T00:06:01","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=6567"},"modified":"2026-01-24T19:07:43","modified_gmt":"2026-01-25T00:07:43","slug":"silver-sp-500-ratio-update","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/silver-sp-500-ratio-update\/","title":{"rendered":"Silver\/S&amp;P 500 Ratio Update"},"content":{"rendered":"\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\">We&#39;re starting to see some <strong>Crypto YouTube channels <span style=\"color:#2980b9;\">pivot to becoming experts<\/span> on <span style=\"color:#4e5f70;\">silver<\/span><\/strong>, which is something we predicted would happen back in 2023, but it&#39;s a <span style=\"color:#e74c3c;\"><strong>little troubling<\/strong><\/span> to actually see it happening in real life&#8230;<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\">On October 17th after <span style=\"color:#4e5f70;\"><strong>silver <\/strong><\/span><span style=\"color:#27ae60;\"><strong>hit<\/strong><\/span><span style=\"color:#4e5f70;\"><strong> $50 per oz<\/strong><\/span> and everybody started <span style=\"color:#27ae60;\"><strong>taking profits<\/strong><\/span> thinking that was the <span style=\"color:#e74c3c;\"><strong>top<\/strong><\/span>&#8230; NIA sent out an alert entitled, <strong>&#39;<span style=\"color:#4e5f70;\">Silver<\/span>\/S&amp;P 500 Ratio <span style=\"color:#e74c3c;\">Hasn&rsquo;t<\/span> Yet <span style=\"color:#2980b9;\">Returned<\/span> to 20-Year Average&#39;<\/strong>. At the time, we had a <strong><span style=\"color:#4e5f70;\">Silver<\/span>\/S&amp;P 500 ratio<\/strong> of <strong>0.0079<\/strong>. <a href=\"https:\/\/www.inflation.us\/news\/articles\/silver-sp-500-ratio-hasnt-yet-returned-to-20-year-average\/\"><strong>Click here<\/strong><\/a> to see.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\">In this alert, NIA said, <strong>&quot;The <span style=\"color:#4e5f70;\">Silver<\/span>\/S&amp;P 500 Ratio <span style=\"color:#e74c3c;\">hasn&rsquo;t yet<\/span> <span style=\"color:#2980b9;\">returned<\/span> to the 20-Year Average of 0.0103 which would currently value silver at <span style=\"color:#4e5f70;\">$68 per oz<\/span>. The people who are <span style=\"color:#27ae60;\">taking profits<\/span> on <span style=\"color:#4e5f70;\">silver stocks<\/span> <span style=\"color:#2980b9;\">too early<\/span> and <span style=\"color:#27ae60;\">putting the money<\/span> into VOO are <span style=\"color:#2980b9;\">pretty dumb<\/span>. Worry about how much the S&amp;P 500 will soon <span style=\"color:#e74c3c;\">crash<\/span> when the AI ponzi falls apart.&quot;<\/strong><\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\">Since then, the <strong><span style=\"color:#4e5f70;\">Silver<\/span>\/S&amp;P 500 Ratio<\/strong> has <span style=\"color:#27ae60;\"><strong>nearly doubled<\/strong><\/span> to <strong>0.0149<\/strong>.<\/span><\/span><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"403\" src=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/01\/silverspxratiochart-1024x403.jpg\" alt=\"\" class=\"wp-image-6568\" srcset=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/01\/silverspxratiochart-1024x403.jpg 1024w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/01\/silverspxratiochart-300x118.jpg 300w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/01\/silverspxratiochart-768x302.jpg 768w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/01\/silverspxratiochart-1536x605.jpg 1536w, https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/01\/silverspxratiochart.jpg 1747w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\">We still believe the <strong>S&amp;P 500 <span style=\"color:#e74c3c;\">crashing<\/span><\/strong> should be the <span style=\"color:#e74c3c;\"><strong>biggest concern<\/strong><\/span>, but it <span style=\"color:#e74c3c;\"><strong>doesn&#39;t mean a collapse<\/strong><\/span> in the <strong>S&amp;P 500 <span style=\"color:#e74c3c;\">can&#39;t<\/span><\/strong> cause <span style=\"color:#4e5f70;\"><strong>silver<\/strong><\/span> to <span style=\"color:#2980b9;\"><strong>temporarily<\/strong><\/span><span style=\"color:#e74c3c;\"><strong> dip by 30%-50%<\/strong><\/span> before <span style=\"color:#27ae60;\"><strong>exploding<\/strong><\/span> to <span style=\"color:#4e5f70;\"><strong>$200-$300 per oz<\/strong><\/span>.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\">We are most likely going to <span style=\"color:#27ae60;\"><strong>well above<\/strong><\/span> the <strong>August 2011 <span style=\"color:#e74c3c;\">peak<\/span><\/strong> <strong><span style=\"color:#4e5f70;\">Silver<\/span>\/S&amp;P 500 Ratio<\/strong> of <strong>0.0389<\/strong> within the <strong><span style=\"color:#27ae60;\">next<\/span> 2-3 years<\/strong> but expect a lot of <span style=\"color:#2980b9;\"><strong>volatility<\/strong><\/span> between now and then.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\">There are certain <span style=\"color:#4e5f70;\"><strong>silver stocks<\/strong><\/span> like <strong>Highlander Silver (TSX: HSLV)<\/strong>, <strong>Contango ORE (CTGO)<\/strong>, and&nbsp;<strong>Minaurum Silver (TSXV: MGG)<\/strong> that are <span style=\"color:#27ae60;\"><strong>undervalued<\/strong><\/span> enough where they can <span style=\"color:#27ae60;\"><strong>rise<\/strong><\/span> even during a <span style=\"color:#4e5f70;\"><strong>silver <\/strong><\/span><span style=\"color:#e74c3c;\"><strong>pullback<\/strong><\/span>&#8230; but for most other <span style=\"color:#4e5f70;\"><strong>silver stocks<\/strong><\/span> this <span style=\"color:#e74c3c;\"><strong>isn&#39;t<\/strong><\/span> the case.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><strong>Hycroft Mining (HYMC) <\/strong>is a <span style=\"color:#2980b9;\"><strong>meme stock<\/strong><\/span> there is <strong><span style=\"color:#e74c3c;\">no<\/span> connection<\/strong> between its <strong>market cap<\/strong> and <span style=\"color:#27ae60;\"><strong>fundamentals<\/strong><\/span>. <strong>Eric Sprott<\/strong> has <span style=\"color:#e74c3c;\"><strong>no way to exit<\/strong><\/span>.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\">We tried <strong><span style=\"color:#e74c3c;\">shorting<\/span> HYMC<\/strong> on December 23rd and <span style=\"color:#e74c3c;\"><strong>didn&#39;t<\/strong><\/span> get <span style=\"color:#2980b9;\"><strong>filled<\/strong><\/span> at <strong>$30 per share<\/strong>. If we <span style=\"color:#e74c3c;\"><strong>shorted<\/strong><\/span> it, we would have <span style=\"color:#2980b9;\"><strong>covered<\/strong><\/span> it relatively quickly like when we <span style=\"color:#e74c3c;\"><strong>shorted<\/strong><\/span> <strong>New Found Gold (NFGC)<\/strong> in November 2021 and <span style=\"color:#2980b9;\"><strong>covered<\/strong><\/span> within a few days. On January 6th, when <strong>HYMC<\/strong> was about to hit <strong>$30 per share<\/strong>, we sent out an alert saying, &quot;<strong>Nickel futures<\/strong> are <span style=\"color:#27ae60;\"><strong>up by 7.90%<\/strong><\/span> this morning and if you look at in situ value <strong>Canada Nickel Company (TSXV: CNC)&rsquo;s nickel resources<\/strong> have approximately <span style=\"color:#27ae60;\"><strong>quadruple the value<\/strong><\/span> of <strong>Hycroft Mining (HYMC)&rsquo;s <span style=\"color:#f1c40f;\">gold<\/span>\/<span style=\"color:#4e5f70;\">silver<\/span><\/strong>. We <span style=\"color:#e74c3c;\"><strong>aren&rsquo;t<\/strong><\/span> going to <strong><span style=\"color:#e74c3c;\">short<\/span> HYMC<\/strong> because <span style=\"color:#4e5f70;\"><strong>silver<\/strong><\/span> will be <span style=\"color:#4e5f70;\"><strong>$100+ per oz<\/strong><\/span> very soon, but at some point, in the future&hellip; <strong>CNC&rsquo;s market cap<\/strong> will <strong><span style=\"color:#27ae60;\">exceed<\/span> HYMC<\/strong> and if <strong>CNC<\/strong> does well <strong>Noble Mineral Exploration (TSXV: NOB)<\/strong> will do even better.&quot;<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><strong>Vale (VALE)<\/strong> over the <span style=\"color:#2980b9;\"><strong>long-term<\/strong><\/span> will <strong><span style=\"color:#27ae60;\">outperform all<\/span> <span style=\"color:#27ae60;\">other<\/span> <span style=\"color:#27ae60;\">large-cap<\/span> mining stocks<\/strong>.<\/span><\/span><\/p>\n\n<p><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><em>Past performance is not an indicator of future returns. NIA is not an investment advisor. Always do your own research. NIA&rsquo;s President has purchased 125,000 shares of HSLV and may buy or sell shares at any time. NIA&rsquo;s President has purchased 5,000 shares of CTGO and intends to buy more shares. NIA has received compensation from CTGO of US$80,000 for a ten-month marketing contract. NIA is receiving compensation from MGG of US$100,000 for a twelve-month marketing contract and previously received US$60,000 for past marketing contracts which have expired. NIA is receiving compensation from NOB of US$50,000 cash for a six-month marketing contract and previously received US$50,000 cash for a six-month marketing contract which has since expired. This message is for informational and educational purposes only.<\/em><\/span><\/span><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We&#39;re starting to see some Crypto YouTube channels pivot to becoming experts on silver, which is something we predicted would happen back in 2023, but it&#39;s a little troubling to actually see it happening in real life&#8230; On October 17th after silver hit $50 per oz and everybody started taking profits thinking that was the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6569,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[224,47,9,16,180,84,123,125,213,17,215],"class_list":["post-6567","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-cnc","tag-ctgo","tag-gold","tag-hslv","tag-hymc","tag-mgg","tag-nfg","tag-nickel","tag-nob","tag-silver","tag-vale"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/6567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=6567"}],"version-history":[{"count":2,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/6567\/revisions"}],"predecessor-version":[{"id":6571,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/6567\/revisions\/6571"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/6569"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=6567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=6567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=6567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}