According to CoinWorld news, on May 21, Mike McGlone, Senior Commodity Strategist at Bloomberg Industry Research, stated that the gold-silver ratio typically peaks when the Federal Reserve ends its easing policy — the gold-silver ratio reached 100 times on May 20, approaching its highest historical quarterly closing level (113 times in Q1 2020). Unlike previous peak periods, the key element of Federal Reserve easing is currently missing, which may indicate that risk assets could face a lose-lose situation. McGlone explained that the current gold-silver ratio (around 100 times) has limited predictive significance for economic trends — if the gold-silver ratio of 100 times reached on May 20 remains above 91.5 times at the end of 2025, it will set a record high year-end ratio, which typically indicates an unfavorable global economic outlook. The peak of this ratio also occurred during the U.S. economic recessions of 1990-91 and 2020, but this time lacks a key prerequisite — the Federal Reserve's easing policy has not yet bottomed out.
