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Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?

To: Frank Pembleton who wrote (3789)9/8/2001 8:29:46 PM
From: Jon Matz  Read Replies (2) | Respond to of 8010
 
Thank you Frank! That was a fascinating read. I assume you've posted it over here too.

What do you feel is the average longterm price of silver? If you have charts to back it up I'd appreciate seeing them. My guess is it's around $6. If so and assuming a 40:1 ratio with gold that would bring gold down to $240.

If we saw a ratio of 16:1 with silver at $6, that would bring gold down to $96. A thought I'd rather not contemplate. <g>

Cheers, Jon


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