It is good to think the prices in term of gold. I usually make posts in this direction. A couple of days ago I wrote about gold-silver ratio. Silver is very undervalued in terms of gold. The gold-silver ratio is near its historical maximum.
https://steemit.com/steemsilvergold/@nenio/is-the-gold-silver-ratio-reaching-its-maxium
The largest US bill printed was of $100,000 in 1934. It was worth 5,000 gold ounces, at that time!!!
https://steemit.com/money/@nenio/the-largest-denomination-bills-printed-by-the-us
yes. I saw the gold/silver ratio post. I like long-term charts, they really give a proper perspective. I am just building up for more analysis of these ratios, but for know I just wanted to get things started with the basics. Thanks
Other interesting ratios is gold-platinum and platinum -palladium. Platinum is very undervalued. Some weeks ago. I wrote about it.
I find this type of analysis quite interesting.
I actually don't think platinum is undervalued, but we discuss that further some time.