| Author |
 Topic  |
|
|
Nickelless
Administrator
USA
5580 Posts |
|
|
highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 02/28/2009 : 19:09:23
|
| They say 16 to 1 is the historic average. I think it got down below 20 during the hunt bros run but im not for sure on that |
Copper Penny Investing
www.portlandmint.com |
 |
|
|
Ardent Listener
Administrator
USA
4841 Posts |
Posted - 02/28/2009 : 19:43:23
|
The question is what ratio should it be trading at? According to this............. You must be logged in to see this link.
This leads to the most shocking conclusion of all, that Silver is indeed as rare or even more rare than gold. About 95% of the 4-5 billion ounces of gold ever mined (World Gold Council) is still in circulation, since about 95% of gold mined every year is used in jewelry, bullion, or bullion equivalent. Thus, the total gold inventory grows every year, where as silver is now consumed faster than it can be mined, because it is such an essential industrial component. Silver is then either as rare (4 billion ounces vs. 4 billion ounces) or more rare than gold. And remember, most silver is not accessible to the market at these prices. Yet somehow, Gold still trades at a premium of 60:1 to silver, even while historically, gold only traded at a premium of 15:1, and that was when silver was 10-15 times less rare that gold!
Wild  to say the least but if it were even 25% true. 
|
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
|
|
|
Nickelless
Administrator
USA
5580 Posts |
|
|
Ardent Listener
Administrator
USA
4841 Posts |
 Posted - 02/28/2009 : 19:57:18
|
quote:
Originally posted by Nickelless
Try that link again, Ardent. It's not coming up. 
I also have it posted here. You must be logged in to see this link. |
Realcent.forumco.com disclosure. Please read.
All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
|
|
|
Nickelless
Administrator
USA
5580 Posts |
|
|
oober
1000+ Penny Miser Member
USA
1304 Posts |
Posted - 02/28/2009 : 20:55:00
|
You have to take a look at premiums also when looking at GSR...
Please tell me where I can buy 72toz of silver with 1toz of gold. If I could I would quit my job and flip gold and silver all day.
Premiums running about 25-40% on silver as compared to 8-15% on gold...
Actual GSR is about 62.5:1 (16:1000) IMO. |
|
|
|
highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 02/28/2009 : 21:07:47
|
quote:
Originally posted by oober
You have to take a look at premiums also when looking at GSR...
Please tell me where I can buy 72toz of silver with 1toz of gold. If I could I would quit my job and flip gold and silver all day.
Premiums running about 25-40% on silver as compared to 8-15% on gold...
Actual GSR is about 62.5:1 (16:1000) IMO.
I think you $16 is a little high. More like $15 ish
But I agree that Actual "buy" prices have to be taken in to account.
However thats not what this thread was about |
Copper Penny Investing
www.portlandmint.com |
|
|
|
psi
Penny Collector Member
Canada
399 Posts |
Posted - 03/01/2009 : 00:26:30
|
I found a page just now with pretty good graphs of au:ag from 1970 to present: You must be logged in to see this link.
Looks like it got down pretty close to 30 around 82-83 and went under 45 briefly in early 97 and again in mid 03.
The daily graphs there look to be about a month out of date though, You must be logged in to see this link. is better for that but only goes back to 1990. |
|
|
|
Nickelless
Administrator
USA
5580 Posts |
|
| |
Topic |
|
Lowest recent gold-silver ratio?
Forum Locked
