Precipice is very soon. This is so bad it's hard to imagine.
(media.greatawakening.win)
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No one "decides." Gold and silver have been worth approximately the same throughout history. Silver is starting to gain on gold because it's being used up in disposable goods.
100 years ago, an ounce of gold was $20 and could buy you a really good men's suit. Today, the dollar value of that same ounce of gold can still buy you a really good men's suit.
When I was a child, a silver dime could buy a loaf of bread. Today, the dollar value of a silver dime can still buy a loaf of bread.
The value mainly depends on scarcity.