Gold/Silver Ratio

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#1 Sat, Aug 20, 2011 - 12:50pm
dropout
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Gold/Silver Ratio

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
Sun, Aug 21, 2011 - 12:09pm
97guns
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slum jose
Joined: Jun 16, 2011
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i'd be happy to see it get

i'd be happy to see it get back to the 30 range, that'd put it at $60.

randomness