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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: Elizabeth Andrews who wrote (6399)12/26/2002 2:08:59 PM
From: ralfph  Read Replies (1) | Respond to of 39344
 
Ok Liz here is a couple worthy of comment. MAN and XCL .

MAN has the goods and there are more targets it could add to its holdings.

XCL its got Nevada property and I do not know how much potential.

And I am down to my last 5 or 6 grand to invest on some of those thin traders you alluded to. If you feel like sharing......... PM me.

Its a nice day out here on the wet coast

regards
ralfphie



To: Elizabeth Andrews who wrote (6399)12/26/2002 6:52:56 PM
From: Jon Matz  Read Replies (1) | Respond to of 39344
 
Elizabeth? <So at $465 gold we are back to 100:1 if silver doesn't change. Gold only has to go up 32% for this to be true. What's more likely?>

What's more likely than what?



To: Elizabeth Andrews who wrote (6399)12/26/2002 9:12:59 PM
From: Jon Matz  Read Replies (1) | Respond to of 39344
 
Elizabeth, here's a 600 year chart showing the Gold/Silver ratio and is corrected for inflation in 1998 dollars. It shows the high ratio reached a peak of 153:1 in 1939.

sharelynx.net

Note: There are hundreds of historical charts on this site.

Jon - Edit: I love the notation showing the price of silver in the year 1477 with an inflation adjusted price of $806. Now if it hits that mark again and gold is 100:1 gold would sell for $80,600 an ounce....that's more like it! <ggg>