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<p>[QUOTE="fatima, post: 1336099, member: 22143"]Studying history reveals this really isn't the case. This ratio was always an artificial construct defined by government. In the USA the Coinage Act of 1792 set this ratio. It couldn't change no matter what. </p><p><br /></p><p>It has no bearing now because there is no longer any legal definition that defines the value of silver to that of gold. Attempts to predict the pricing of gold vs silver based on this ration are folly at best.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1336099, member: 22143"]Studying history reveals this really isn't the case. This ratio was always an artificial construct defined by government. In the USA the Coinage Act of 1792 set this ratio. It couldn't change no matter what. It has no bearing now because there is no longer any legal definition that defines the value of silver to that of gold. Attempts to predict the pricing of gold vs silver based on this ration are folly at best.[/QUOTE]
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