Loading ...We all know the historical AU AG ratio was 15 to 1, 15 oz Silver to buy 1 oz Gold. That ratio today is 72 to 1, ie 72 oz Silver to buy 1 oz Gold. So if Silver is in catch up mode?
It would make sense for paper traders to sell and take GLD gold profits and buy very low in comparison, under priced SLV. Hopefully that won’t happen.
In other words, we don’t need $100 Silver and $1500 Gold to maintain 15 to 1. $2500 Gold and $166/oz Silver would be better. I hope to get some feed back on this crap.