A long time ago we used to have one-oz. $20 gold pieces and one-oz silver dollars, but that hardly ever matched open market commodity prices that were all over the place.
The ratio should be around 15.
That means silver needs to rise and gold to decline to close on the very long historic bench mark.
A long time ago we used to have one-oz. $20 gold pieces and one-oz silver dollars, but that hardly ever matched open market commodity prices that were all over the place.