15 -to 1 Gold to Silver Ratio is rule of thumb
by math man
I am not a rocket scientist, nor am i a genius.
but, i do know basic math and can use a calculator if need be too.
basic math ratio of gold 1 oz :to: silver 15 oz.
so, today gold is priced at over $ 1500 ounce.
basic math in my stupid rock thick dense head formulates answer:
$ 1500 gold /divided by/ 15 = $ 100
.......according to this 15:1 ratio silver price should be $100 today, but it is not, the price of silver is $ 30 oz
if this basic 15:to:1 ratio principal is adhered to, than is does not take a rocket scientist to determine the simple fact that silver is extremely undervalued and is a BIG buy, buy, buy and buy more, more, more.
Good thing i did not skip math class that day !!!!!
Maybe i should have been a rocket scientist instead.