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


To: Jon Matz who wrote (3807)9/12/2001 9:56:41 AM
From: TD  Read Replies (1) | Respond to of 8010
 
If you had a chart 45 feet long where each foot equaled 100 years, only in
the last 15 inches would the gold/silver ratio ever rise above 16:1. In 1941
the ratio shot up briefly to 100 to 1. It occurred again in 1991. It is also
important to remember that the last time people sought monetary refuge,
that the ratio again returned to 16:1 ($800 gold/$50 silver). What this
suggests to me is this time, silver will shine brightly during any economic
condition.

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