View Single Post
Old 01-31-2021, 08:42 PM   #2236
karl262
Powerplay Quarterback
 
karl262's Avatar
 
Join Date: Sep 2011
Location: Calgary
Exp:
Default

What i mean is all the mined physical gold vs all the mined physical silver that exists according to those numbers above is a ratio of aprox 1 to 2.5.
The gold/silver ratio in terms of dollar value per ounce right now is 1 to 68.

So you would need to trade 68 ounces of silver to get 1 ounce of gold.

Does that mean gold is too expensive or silver is too cheap? Or nothing at all?

Sent from my SM-G973W using Tapatalk
karl262 is offline   Reply With Quote