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<p>[QUOTE=&quot;medoraman, post: 1029943, member: 26302&quot;]You can go back 5,000 years and see the exact same ratio as well. You make a good point about the ratio being out of whack. I have argued this as well, but the problem is that we do not know if the price of silver should be $87 or the price of gold should really be $416, right?</p><p><br /></p><p>I think the two markets are now disconnected. People used to value both of them equally and exchanged them on their rarity. This was a very European idea by the way. The 16.1 ratio never held in other cultures, and nowadays you have cultures who value gold above all else and have little use for silver, (East Asia and India). Because this is the case I do not think the very historical ratio really has any bearing anymore, though it is still very true that this is the rarity of the metal in the earth.[/QUOTE]</p><p><br /></p>

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