Sat, Aug 20, 2011 - 12:50pm
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.
Edited by: dropout on Nov 8, 2014 - 5:31am