Gold/Silver ratio still high, but under 100

The Gold/Silver ratio has been trending upwards for many years now. While it’s encouraging to see gold surge, it is perplexing that silver did not surge at the same rate. The Gold/Silver ratio has pulled back to just under 98 now, which is still very high from a historical standpoint.

It was, of course, a lot higher than this. Which is why this may seem like a welcome reprieve to many, since as recently as March 18th the ratio was a resounding 124.077 (hitting a high of 126.43!!). That is implying there is 124 times the amount of silver that is readily available for extraction vs the amount of gold.

You be the judge: is it a good time to buy silver?