Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: maxncompany who wrote (55200)	1/10/2008 5:09:57 PM
From: Agman13	Read Replies (1) of 78419

While re-reading some of the old articles in the inflation/deflation debate, I found this intriguing sentence, in an article written by Jude Wanniski, in Sept/Oct. 2001 entitled: "The Deflation Monster." "It was by trial and error that civilization wound up with gold, partially because it is rare, constituting only 5 parts per billion of the earths's crust, while silver is roughly 50 parts per billion." If that statement is correct, then logically, the proper gold/silver ratio is 1 to 10, indicating that at this juncture, silver is way below it's true value of about $ 89 per oz. Just some food for thought. Agman.

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