With the old, historical gold/silver ratio being around 15 to 1. And, today's $1270 spot gold. I'd say $1270 divided by 15, should put silver at $84+. But, it's on sale for under $20.
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With the old, historical gold/silver ratio being around 15 to 1. And, today's $1270 spot gold. I'd say $1270 divided by 15, should put silver at $84+. But, it's on sale for under $20.
In the old, 15 to 1 days, silver came out of the ground at 11 : 1. Today, I've seen the (out of the ground) gold/silver ratio at 8 to 1. Silver is getting harder to find.
I dont think we will ever see these ratio's again. I hope i am wrong on that. When you take into consideration how much the dollar has devalued since it was taken off the gold standard, you are looking at a far greater silver and gold price. We really are getting f'ed from all over the place and i hope someday we will see everything become undone and we be rewarded for stacking :D And yes silver is getting harder to find, its unreal how the price can still be at these levels.