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Which PM is Going to Be the Most Explosive??
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<p>[QUOTE="Gam3rBlake, post: 5136563, member: 115909"]I just bought 2x tubes of 2020 American Silver Eagles because right now the silver to gold ratio is sooo high.</p><p><br /></p><p>Either gold will drop a lot or silver will go up in my opinion.</p><p><br /></p><p>Think about it. Just a century ago (1920s) it was totally possible to go into a bank with 20x Morgan Silver Dollars and trade them for 1x Double Eagle since both were valued at $20.</p><p><br /></p><p>That’s a 20:1 ratio.</p><p><br /></p><p>These days if you took 20 American Silver Eagles and asked <b>anyone </b>to trade you a 1oz American Gold Eagle for them they would laugh at you.</p><p><br /></p><p>I think silver will hit $75/oz in the next decade or so.[/QUOTE]</p><p><br /></p>
[QUOTE="Gam3rBlake, post: 5136563, member: 115909"]I just bought 2x tubes of 2020 American Silver Eagles because right now the silver to gold ratio is sooo high. Either gold will drop a lot or silver will go up in my opinion. Think about it. Just a century ago (1920s) it was totally possible to go into a bank with 20x Morgan Silver Dollars and trade them for 1x Double Eagle since both were valued at $20. That’s a 20:1 ratio. These days if you took 20 American Silver Eagles and asked [B]anyone [/B]to trade you a 1oz American Gold Eagle for them they would laugh at you. I think silver will hit $75/oz in the next decade or so.[/QUOTE]
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