As precious metals, I didn't see silver believe silver is very cheap. Before the ratio used to be 1 to 10 to the gold, that's the real price of a silver should be! If gold price today $1,300 then silver should be at least $120 per ounce.
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Actually, the historical ratio for silver to gold is 15:1.
Ok so.. $86.60 an ounce, the question still remains??