Silver Futures Index $SILVER (SILVER)

[S-BEES-BUMBLEBEE]

There are a total of 417 Billion notional in Gold derivatives outstanding – AND THE GOLD / SILVER Price RATIO is 49:1 – then WHY are outstanding notional silver derivatives 127 Billion???? These BIS numbers suggest that the proper gold / silver ratio should be roughly 3.3:1 or silver priced TODAY at 1,400 / 3.3 = 424.00 per ounce!!!!!!!!!!!!!!!!

"a devasting multi-year decline" LOL!