Precious metals could see more downside before a bounce to a recovery, says Erif Fier CEO of SilverCrest Metals. “I think we can expect to see more pain that needs to come,” Fier told Kitco News on the sidelines of the Denver Gold Forum. On silver, Fier said that a gold-silver ratio of 70 needs to be met before a rally occurs. The ratio has hit highs of 85 recently.
