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Silver has liftoff! (publicintelligence.net)

posted 232 days ago by ClemTiger 232 days ago by ClemTiger +27 / -0

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– everticus 3 points 232 days ago +3 / -0

Gold trading at over 2,300. Taking historical gold silver parity into consideration, silver has to more than double to catch up. That would be exciting.

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– ClemTiger [S] 2 points 231 days ago +2 / -0

Silver is the most manipulated asset

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– Narg 1 point 231 days ago +1 / -0

Exactly. The silver/gold ratio is over 85 to 1 -- historically that's VERY high; the US bi-mettalic currency had the ratio at about 15.5 to 1 (one-ounce gold coins were $20 face value -- and contained 0.9675 ounces of gold -- while one-ounce silver coins were a single dollar and contained 0.77344 ounces of silver).

https://yandex.com/search/?text=gold+content+of+%2420+US+gold+coin

https://yandex.com/search/?text=silver+content+of+%241+silver+dollar

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