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<p>[QUOTE=&quot;fatima, post: 1030019, member: 22143&quot;]There is nothing mysterious about this.&nbsp; From 1792 until some time after the Civil War, the US Dollar was defined as X amount of silver (too lazy to look up the exact amount but see the coinage act of that time).&nbsp; From that basis Gold currency was defined to have an ratio of 16 to this amount. If you look at the weight of a gold coin and it&#039;s face value verse that of a silver dollar, you will find this exact ratio.&nbsp; &nbsp; After the Civil War, this ratio was relaxed and of course completely as we progressed to complete fiat currency.&nbsp;&nbsp; The gyrations really start to increase once the Federal Reserve was created in 1914 and the dollar was no longer defined in terms of metal.[/QUOTE]</p><p><br /></p>

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