PDA

View Full Version : gold/silver ratio broke through 39 today



Bern
03-23-2011, 10:32 AM
38.96 last I checked. Will it fall to 16 or even further?
swissaustrian
03-23-2011, 10:43 AM
Given the fact that huge amounts of silver have been consumed over the last decades, the physical relation of all available gold vs. all available silver should have grown
(total gold / total silver = growing number). Therefore the historical price ratio of 1/16 could be even to high?
I think all depends on whether markets consider silver a currency or just an ordinary commodity. Right now it looks like silver gained its currency-status back...
Bern
04-15-2011, 06:21 AM
Less than a month from the posting of the OP and the ratio has fallen below 35. Currently 34.8.
Seraphim
04-15-2011, 01:26 PM
22-26: 1 by the end of the year. WITH GOLD GOING UP A SUBSTANCIAL AMOUNT. ;)



Less than a month from the posting of the OP and the ratio has fallen below 35. Currently 34.8.
Bern
04-20-2011, 06:36 PM
33.25 <bitches>
TheNcredibleEgg
04-20-2011, 06:41 PM
Given the fact that huge amounts of silver have been consumed over the last decades, the physical relation of all available gold vs. all available silver should have grown
(total gold / total silver = growing number). Therefore the historical price ratio of 1/16 could be even to high?
I think all depends on whether markets consider silver a currency or just an ordinary commodity. Right now it looks like silver gained its currency-status back...

Silver has been consumed - but even the consumed portion (photography, electronics, dentistry, jewelry, whatever) is still out there, discarded - yes, but still out there somewhere.

And at some price per ounce it might be suddenly cost effective to re-mine it (sotospeak) in landfills, or whereever.
jclay2
04-20-2011, 06:56 PM
Silver has been consumed - but even the consumed portion (photography, electronics, dentistry, jewelry, whatever) is still out there, discarded - yes, but still out there somewhere.

And at some price per ounce it might be suddenly cost effective to re-mine it (sotospeak) in landfills, or whereever.

Basically its gone!
Bern
04-25-2011, 11:51 AM
Rollercoaster day today. Even after the massive (silver) drop, the ratio broke through 32. It's at 31.73 currently.
Seraphim
04-25-2011, 11:58 AM
20:1 by the end of the year!


Rollercoaster day today. Even after the massive (silver) drop, the ratio broke through 32. It's at 31.73 currently.