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


To: jackbnimble who wrote (7751)1/14/2008 12:18:30 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 8010
 
Got me, Jack.

I don't recall the links or the rationale offhand, but I believe the historical ratios run from a factor of 40 to 70, currently at about 55 to 1 Gold to Silver.

With a 45 to 1 ratio Silver would be 20 bucks using the current Feb Gold value of 906. I think 45 is what Silver Bulls consider to be a reasonable ratio.