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<p>[QUOTE="Bob Evancho, post: 5301581, member: 84595"]Gustave Dore was born January of 1832. The silver to gold ratio was 15:1. In 1834 the Silver and Gold ratio was raised to 16:1. When Dore passed away in 1883, the silver and gold ratio was 18.4:1. One ounce of gold bought 18.4 ounces of silver. In 51 years of Dore's lifetime, the silver and gold ratio changed very little. What has the ratio done during your current life, not counting unusual events. As for me, in 1949 gold was $31.69 per ounce and silver was 70 cents per ounce or 45.27:1. Today as I type this the ratio is 73:1. Have faith. There is a chance in a your lifetime the value of silver will go back to $40 per ounce. It's been there a couple times. What unusual event or drop in the value of the dollar will bring it to $40 per ounce?[/QUOTE]</p><p><br /></p>
[QUOTE="Bob Evancho, post: 5301581, member: 84595"]Gustave Dore was born January of 1832. The silver to gold ratio was 15:1. In 1834 the Silver and Gold ratio was raised to 16:1. When Dore passed away in 1883, the silver and gold ratio was 18.4:1. One ounce of gold bought 18.4 ounces of silver. In 51 years of Dore's lifetime, the silver and gold ratio changed very little. What has the ratio done during your current life, not counting unusual events. As for me, in 1949 gold was $31.69 per ounce and silver was 70 cents per ounce or 45.27:1. Today as I type this the ratio is 73:1. Have faith. There is a chance in a your lifetime the value of silver will go back to $40 per ounce. It's been there a couple times. What unusual event or drop in the value of the dollar will bring it to $40 per ounce?[/QUOTE]
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