{"id":6695,"date":"2026-01-30T19:08:36","date_gmt":"2026-01-31T00:08:36","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=6695"},"modified":"2026-01-30T19:14:00","modified_gmt":"2026-01-31T00:14:00","slug":"silver-declines-26-percent-but-sil-slv-ratio-has-already-bottomed","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/silver-declines-26-percent-but-sil-slv-ratio-has-already-bottomed\/","title":{"rendered":"Silver Declines 26% but SIL\/SLV Ratio Has Already Bottomed"},"content":{"rendered":"\n<div style=\"font-family:Tahoma, Geneva, sans-serif; font-size:14px; line-height:1.55; color:#111; max-width:100%; width:100%;\">\n<p style=\"margin:0 0 14px 0;\"><strong><span style=\"color:#4e5f70;\">Silver<\/span> <span style=\"color:#e74c3c;\">declined by 26.33%<\/span> <\/strong> today to <strong><span style=\"color:#4e5f70;\">$85.3133 per oz<\/span><\/strong>, but the <strong>Global X Silver Miners ETF (SIL)\/iShares Silver Trust (SLV) Ratio<\/strong> <strong><span style=\"color:#27ae60;\">gained by 19.25%<\/span><\/strong> to <strong>1.25<\/strong> after <strong><span style=\"color:#2980b9;\">bottoming<\/span><\/strong> on Thursday at a <strong><span style=\"color:#e74c3c;\">new all-time low<\/span><\/strong> of <strong>1.05<\/strong>, which means <strong><span style=\"color:#4e5f70;\">silver miners<\/span><\/strong> have <strong><span style=\"color:#2980b9;\">already priced in<\/span><\/strong> a <strong><span style=\"color:#e74c3c;\">much larger decline<\/span><\/strong> in <strong><span style=\"color:#4e5f70;\">silver prices<\/span><\/strong>.<\/p>\n\n<p style=\"margin:0 0 14px 0;\">The <strong>16-year <span style=\"color:#2980b9;\">average<\/span> SIL\/SLV Ratio<\/strong> is <strong>1.83<\/strong>, which means <strong><span style=\"color:#4e5f70;\">silver miners<\/span><\/strong> are already priced for <strong><span style=\"color:#4e5f70;\">$58.28 per oz silver<\/span><\/strong>.<\/p>\n\n<p style=\"margin:0 0 14px 0;\"><strong>These ratios <span style=\"color:#2980b9;\">ALWAYS return to their means<\/span><\/strong>!<\/p>\n\n<p style=\"margin:0 0 14px 0;\"><strong><span style=\"color:#4e5f70;\">Silver<\/span><\/strong> can <strong><span style=\"color:#e74c3c;\">decline by 31.69%<\/span><\/strong> to <strong><span style=\"color:#4e5f70;\">$58.28 per oz<\/span><\/strong> and if <strong><span style=\"color:#4e5f70;\">silver miners<\/span><\/strong> stay <strong><span style=\"color:#2980b9;\">even<\/span><\/strong> at their current price, the <strong>SIL\/SLV Ratio<\/strong> would <strong><span style=\"color:#2980b9;\">return<\/span><\/strong> to the <strong>16-year <span style=\"color:#2980b9;\">average<\/span><\/strong> of <strong>1.83<\/strong>.<\/p>\n\n<p style=\"margin:0 0 14px 0;\">From <strong><span style=\"color:#4e5f70;\">silver&#39;s<\/span> <span style=\"color:#27ae60;\">new all-time high<\/span><\/strong> reached yesterday of <strong><span style=\"color:#4e5f70;\">$121.647 per oz<\/span><\/strong> it <strong><span style=\"color:#e74c3c;\">wouldn&#39;t be a surprise<\/span><\/strong> for <strong><span style=\"color:#4e5f70;\">silver<\/span><\/strong> to see a <strong><span style=\"color:#e74c3c;\">total decline of 52.09%<\/span><\/strong> to <strong><span style=\"color:#4e5f70;\">$58.28 per oz<\/span><\/strong>, but the <strong>odds<\/strong> are <strong><span style=\"color:#27ae60;\">high<\/span><\/strong> that one year from now&hellip; <strong><span style=\"color:#4e5f70;\">silver stocks<\/span><\/strong> will be trading <strong><span style=\"color:#27ae60;\">significantly higher<\/span><\/strong>&hellip; and the <strong><span style=\"color:#27ae60;\">largest gaining<\/span><\/strong> <strong><span style=\"color:#4e5f70;\">silver stocks<\/span><\/strong> will be <strong>Highlander Silver (TSX: HSLV)<\/strong>, <strong>Minaurum Silver (TSXV: MGG)<\/strong>, and <strong>Contango ORE (CTGO)<\/strong>.<\/p>\n\n<p style=\"margin:0 0 14px 0;\"><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.inflation.us\/news\/wp-content\/uploads\/2026\/01\/silslvratiotoreturntomean.jpg\" style=\"max-width:100%; height:auto; display:block;\" \/><\/p>\n\n<p style=\"margin:0 0 14px 0; font-size:10px; color:#555; font-style:italic;\">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 can buy or sell shares at any time. NIA&rsquo;s President has purchased 5,000 shares of CTGO in the open market and intends to buy more shares. NIA has received compensation from CTGO of US$80,000 cash for a ten-month marketing contract. NIA is receiving compensation from MGG of US$100,000 cash for a twelve-month marketing contract and previously received US$60,000 cash for past marketing contracts which have since expired. This message is for informational and educational purposes only.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Silver declined by 26.33% today to $85.3133 per oz, but the Global X Silver Miners ETF (SIL)\/iShares Silver Trust (SLV) Ratio gained by 19.25% to 1.25 after bottoming on Thursday at a new all-time low of 1.05, which means silver miners have already priced in a much larger decline in silver prices. The 16-year average [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6699,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[47,16,84,17],"class_list":["post-6695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-ctgo","tag-hslv","tag-mgg","tag-silver"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/6695","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=6695"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/6695\/revisions"}],"predecessor-version":[{"id":6698,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/6695\/revisions\/6698"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/6699"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=6695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=6695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=6695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}