Message:

<p>[QUOTE=&quot;Leadfoot, post: 1033665, member: 2972&quot;]The actual mined ratio is much lower than 16:1 (today it&#039;s about 1/2 that, or just over 8:1, IIRC).&nbsp; &nbsp; I am not aware of the actual ratio in the earth -- do you have a source?&nbsp; The closest I could find suggests that the ratio is 4:75, or roughly 1:20.&nbsp; <a href="http://en.wikipedia.org/wiki/Precious_metal" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Precious_metal" rel="nofollow">http://en.wikipedia.org/wiki/Precious_metal</a></p><p><br /></p><p>That said, I was not aware that a fixed ratio was used for &quot;thousands of years&quot;, but I know it was fixed by law in the US, and once that ended you see the spikey graph that resulted (which shows what the market, rather than law, decided).[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in