Wednesday, December 10, 2014

OK CORNELIUS, SAM THE SNOWMAN SAYS EVERYONE WISHES FOR SILVER AND GOLD, NOT SILVER OR GOLD

The gold-to-silver ratio is the amount of silver in ounces one ounce of gold will buy. Said another way, the ratio is the amount of silver in ounces it takes to sell for cash to buy one ounce of gold. Many believe a high ratio means it is a signal to buy silver and thus conversely, a low ratio means it is a signal to buy gold. To calculate the ratio, divide the price of gold by the price of silver.



As can be seen above, there isn't correlation between the ratio and the True Dollars™ price of gold. From 1983 to 1991, the ratio rose and gold fell. From 1991 through 1997, the ratio fell and gold still fell.









Silver and Gold
Silver and Gold
Everyone wishes for Silver and Gold
How do you measure its worth?
Just by the pleasure it gives here on Earth
Silver and Gold
Silver and Gold means so much more when I see
Silver and Gold decorations on every Christmas tree
Silver and Gold
Silver and Gold
Everyone wishes for Silver and Gold
Silver and Gold
Silver and Gold means so much more when I see
Silver and Gold decorations on every Christmas tree

No comments:

Post a Comment