The silver/gold ratio is now way out of whack, with silver being far too cheap in relation to gold. One ounce of gold now buys over 68 ounces of silver. Nevertheless, gold continues to climb higher in relative strength against silver as the chart above proves. Ultimately, I believe that the owners of silver will make a fortune as the ratio corrects back. However, it appears that the monetary metal of the moment is gold, as investors throughout the world looks to safety.
For the last 5,000 years, 16 ounces of silver equaled one ounce of gold. It made sense because silver is approximately 15.5 times more abundant in the earth than gold.
In time, the relationship of 16 ounces of silver to one ounce of gold will be reflected in the (rising) price of silver once again – as the law of averages demand. But for now, the bottom line is that silver is dirt cheap and offers you one of the best a profit opportunities you will ever see!
Get longer silver!
In time, the relationship of 16 ounces of silver to one ounce of gold will be reflected in the (rising) price of silver once again – as the law of averages demand. But for now, the bottom line is that silver is dirt cheap and offers you one of the best a profit opportunities you will ever see!
Get longer silver!