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Strategies & Market Trends : Ride the Tiger with CD
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To: Gib Bogle who wrote (310239)7/5/2025 10:42:59 PM
From: koan  Read Replies (1) of 313058
 
Oh, this is nuts-lol!!

Getting back to gold and silver. Now this is just meant as a fun exercise, but it has statistical logic-lol.

In the crust of the earth, the gold, silver ratio, I think is between 16 and 19 to 1.

But most silver if found near the surface and most gold, deep.

And most easy silver has been found and mined. But most gold is still here.

And a lot of the silver has been consumed in photography and technology.

Today the ratio of gold to silver is about 90 to 1. silver $37, and gold $3350.

The average over the years is about 65 to 1.

And if it is an average time, the price of silver should be about $51.

And the trend is our friend, and I doubt things are going to settle down-lol!!

The dollar and bond markets look really vulnerable.

cheers
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