Saturday, June 12, 2010

Gold Silver Ratio, Coinage Act of 1792

 Here is a video that I made on the Coinage Act of 1792 and the Gold Silver Ratio.

I have heard more than one of the Gold bull's mention that the ratio will go back down under 20.  One mentioned that the ratio goes back down to 16/17 to 1 in every secular Gold bull market.

At 1250 Gold and a 16 to 1 ratio, Silver would be at $78 !   At the close last Friday, it is at $18.25.  Looks like it has a long way to go to the upside if the ratio were to come down...   Keep an eye on the ratio this year.

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