Gold Silver ratio
PTVETTER
Posts: 5,958 ✭✭✭✭✭
What should the ration be for gold and silver ?
Pat Vetter,Mercury Dime registry set,1938 Proof set registry,Pat & BJ Coins:724-325-7211
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Used to be 16:1 until 1972
History of Man and the Silver to Gold Ratio - Charted
we would also see $ 20 gal gas , $ 10 loaf of bread etc, but I don't see it that way.
What I see is a solid precious metal that is undervalued , and held artificially low.
Too many "investors" are shorting silver , and they need it to go down.
However, common sense tells us to always go long on silver, never short.
Afterall, we want the price of silver to go up, not down .We don't want any part
of speculation on it going down, or helping the price go down with big selloffs.
And we don't want to cash in on it going down . That's a crooks way of making money,
at other peoples expense.
Remember, driving the price down over and over to protect your shorts is
not what we want. We want silver to do what silver can do, and that is
go up a little at a time, month after month, year after year.
That's how you build your fortune/ empire the correct and legal way.
Not by market manipulation.
Just my opinions.
Lewis
The last ten years, I believe it's been trading between 35:1 to 65:1.
I think an average for the last ten years would be 50:1.
A ratio this high definitely means more profit potential buying silver instead of gold.
<< <i>Yep, about 16.1 . People often make the mistake of thinking $ 50 oz silver would mean
we would also see $ 20 gal gas , $ 10 loaf of bread etc, but I don't see it that way.
What I see is a solid precious metal that is undervalued , and held artificially low.
Too many "investors" are shorting silver , and they need it to go down.
However, common sense tells us to always go long on silver, never short.
Afterall, we want the price of silver to go up, not down .We don't want any part
of speculation on it going down, or helping the price go down with big selloffs.
And we don't want to cash in on it going down . That's a crooks way of making money,
at other peoples expense.
Remember, driving the price down over and over to protect your shorts is
not what we want. We want silver to do what silver can do, and that is
go up a little at a time, month after month, year after year.
That's how you build your fortune/ empire the correct and legal way.
Not by market manipulation.
Just my opinions.
Lewis >>