Gold up $11.50 so far today.
Silver up .24 to above $8.50
Actually, in the 1980 squeeze, things were very interesting.
Gold topped at near $850/oz, while silver, at one point, reached a bit over $50 an ounce. Coming very close to the historical average of a 15-16 to one gold/silver ratio.
Gold topped at $898 on Jan 1, 1981.
What's the historic average ounce versus barrel? Yellow versus black? What maybe 20 bbl/oz?