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<p>[QUOTE=&quot;Hobo, post: 987183, member: 11521&quot;]Gold closed today at $1,246.60 and silver closed at $19.85. That is a Gold/Silver ratio of 62.8. Historically, the ratio was between 15 and 16 which roughly reflected the fact that silver is 17.5 times more plentiful than gold. Since 1970 the ratio has been anywhere from 20.36 (1970) to 89.31 (1991). </p><p>&nbsp;</p><p>With a Gold/Silver ratio of 62.8 you will have to decide if a) gold is overpriced or b) silver is underpriced.[/QUOTE]</p><p><br /></p>

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