15 -to 1 Gold to Silver Ratio is rule of thumb

by math man
(toronto)

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.


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Silver Ratio
by: flash

The historic "norm" for silver/gold ratio
is/was ~~ 16 to 1. Last year it was in the 40's
to 1, & I thought it would continue to close.
I truely believe the Silver is & has been manip-
ulated for some time, artificially keeping price
lower than "real" value. This will Eventually
stop...but when(JP Morgan knows)?
The current 53 to 1 ratio is MUCH to high, and
I BELIEVE unsustainable.
Either was silver eventually will find it's true value thru market forces, which I believe is UP>>UP & AWAY !
On a final note; there are MANY folks out there
that are happy of low silver, especially China &
their manufactures & other manufactures who need
HUGE amounts of silver to make electronics, solar
panels etc.... And unlike gold,silver basically can't be recovered (as yet). Anyway ~~good post.

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