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“Gold Is Now 85 Times More Expensive Than Silver”
the new normal?
gman,
Probably not. I wouldn’t hold my breath waiting for a correction, but I WOULD be buying physical silver, in 1 oz rounds or bars, preferably from a nearby coin shop where you could pay with cash, nothing trackable or traceable.
“I wouldn’t hold my breath waiting for a correction”
heh, stopped holding my breath for anything years ago. “any day now” …. but I do anticipate a g/s of 5.5/1. any day now ….
That would be one HELL of a correction. Didn’t the G/S ratio used to be set at ~31/1?
The traditional trade ratio of silver to gold was 16-to-1. That matches what is recoverable in mining vis-a-vis the natural existing ratio in the Earth’s crust.
“correction”
more of a reflection of present reality. there’s 5.5 times more gold than silver above-ground at any given moment, and in a major economic shutdown what is readily at hand will be the only metal available for a long time.
“traditional trade ratio of silver to gold was 16-to-1”
historically, sure. conditions have changed.