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<p>[QUOTE=&quot;Blaubart, post: 1536625, member: 37498&quot;]Of course I understand that. But how is it that a 51:1 price ratio is supposed to translate to a 4:1 sales ratio? Why not a 51:1 sales ratio? Or 100:1 ratio? Or why is it that a 191:1 sales ratio un-natural?</p><p><br /></p><p>Here&#039;s a simple question for someone making such claims: What is the price elasticity of demand for silver? If SilverTard cannot answer that question, then I have zero confidence in his opinion on the matter.</p><p><br /></p><p>On the larger scale, if you have $10,000 to invest, you can just as easily invest that in gold as you could in silver.&nbsp; Since investors are more important than collectors in determining if gold or silver is underpriced or overpriced, the idea that people can&#039;t afford gold should be irrelevant since people that have more than $50 to invest can buy either.</p><p><br /></p><p>Another thing to consider is the timeliness of the Mint&#039;s sales figures. I&#039;m sure they don&#039;t reflect up to date sales information. i.e. The gold to silve ratio was 59:1 a month ago, and 45:1 a year ago. What time period do the sales figures come from?</p><p><br /></p><p>I think sales figures for coins from the US Mint is <i><b>not</b></i> a good indicator of where investors think the best investment opportunity lies. I think they are a good indicator of what collectors are buying. That is all, nothing more.</p><p><br /></p><p>What I also think is that the author of this article is heavily invested in silver and wants to see the prices go up to $90-100/Oz. But, for whatever reason, the authors of these articles are not required to divulge their holdings in commodities as they would be if the article was about stocks.[/QUOTE]</p><p><br /></p>

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