Replies

To: M-cubed

QUESTION FOR ALL: How many ounces of mined physical silver are in existence today as compared to gold???

I'm going to go out on a limb here and say that's why silver is trading at $35 and gold is trading at $1480.

At the right price, either can be a good deal. Isn't 10:1 the historic average for Gold:Silver value? All else being equal, it would seem silver is currently under valued.

41 posted on 05/05/2011 1:26:30 PM PDT by ConservativeWarrior (In last year's nests, there are no birds this year.)

[ Post Reply | Private Reply | To 39 | View Replies ]

To: ConservativeWarrior

16:1 has been the ratio for most of human history.

47 posted on 05/05/2011 5:51:17 PM PDT by WhistlingPastTheGraveyard (Some men just want to watch the world burn.)

[ Post Reply | Private Reply | To 41 | View Replies ]

Free Republic
Browse · Search

News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794