Silver to Gold ratio

Discussion in 'US Coins Forum' started by dave92029, Apr 19, 2011.

  1. dave92029

    dave92029 Member

    I bcame interested in accumulating Silver about seven months ago with Silver around $18 and Gold around $1200. Back then, it took 67 ounces of Silver to buy 1 ounce of Gold. Today the ration is close to 33 ounces of Silver to buy 1 ounce of Gold.

    Gold is up $300/ oz 25% :thumb:
    Silver is up $26/oz 144% :hail::hail::hail:

    My only regret is buying a few gold coins when I should have bought more silver bullion. :rolleyes:

    What will happen to PM when China, OPEC, Brazil, etc. stop accepting the paper money that the US, UK, Euro Union, and Japan are printing?
     
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  3. WingedLiberty

    WingedLiberty Well-Known Member

    yes, i did the same think and diversified into Gold, Silver, Platinum, and Palladium in 2009 ... well at least they are all up!!

    but boy if i had a crystal ball back then!
     
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