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<p>[QUOTE="goldcollector, post: 285903, member: 9088"]I dont know about the 16 to 1 ratio being historic. Where was silver like all through the 90's ? about $7 to $8 an ounce, that would have put gold at just over $100 when in fact gold was closer to $300 through the entire decade. Never was it</p><p>anywhere near $100 during the last 25 years. But i know when silver broke $10 it had already been going up big time. I remember getting silver eagles for like $8 during the 90's. </p><p><br /></p><p>I agree with paland that gold is going to go up more. Im in the seattle area and when I go to the coin dealers they have thousands ( literally) of morgans and peace dollars and very little gold even back in the safe. When you ask them they say they dont have any. Yesterday I went to a big coin shop in seattle. NO buffalos, NO krugerrands, only 1 1/10 ounce Panda and a couple of eagles. He said he doesnt have any at all, said he wants to buy some. They all seem to be practically begging to buy.[/QUOTE]</p><p><br /></p>
[QUOTE="goldcollector, post: 285903, member: 9088"]I dont know about the 16 to 1 ratio being historic. Where was silver like all through the 90's ? about $7 to $8 an ounce, that would have put gold at just over $100 when in fact gold was closer to $300 through the entire decade. Never was it anywhere near $100 during the last 25 years. But i know when silver broke $10 it had already been going up big time. I remember getting silver eagles for like $8 during the 90's. I agree with paland that gold is going to go up more. Im in the seattle area and when I go to the coin dealers they have thousands ( literally) of morgans and peace dollars and very little gold even back in the safe. When you ask them they say they dont have any. Yesterday I went to a big coin shop in seattle. NO buffalos, NO krugerrands, only 1 1/10 ounce Panda and a couple of eagles. He said he doesnt have any at all, said he wants to buy some. They all seem to be practically begging to buy.[/QUOTE]
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