As of end of trading, Friday August 19, 2011 @ 3:10 PM EDT
Spot price of;
Gold $1,852.66 USD
Silver $42.93 USD
Ratio of 43.16 silver to 1 of gold.
Ultra long term (thousands of years) ratio of 16:1 would mean a silver price of today;
$115.79 USD per ounce.
Hang on and stacking that phyzz! All indicators say both gold and silver are heading much higher in the long term.
i'd be happy to see it get back to the 30 range, that'd put it at $60.