|Gold Silver ratio as of Sept, 19th, 2010|
If you believe that the Gold Silver ratio will return to 'The Coinage act of 1792' proclamation, Silver may be an investment that should be considered. The Act defined the proportional value of gold and silver as 15 units of pure silver to 1 unit of pure gold. Standard gold was defined as 11 parts pure gold to one part alloy composed of silver and copper. Standard silver was defined as 1485 parts pure silver to 179 parts copper alloy.
With the current price of Gold at $1280 an ounce, a 15/1 Gold Silver ratio would bring Silver to the price of ~ $85.33 and ounce. Hmm, you should have a very nice return on all of those Silver Eagles that you purchased when they were selling for $10 each.