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View Full Version : gold/silver ratio at 70ish



dippydough
10th September 2008, 11:28
anyone know what the all time high of the ratio is and the historical average? thanks in advance

7nomads
10th September 2008, 16:13
Did a litttle research

From http://www.kitco.com/ind/Weber/dec052006.html

"For silver, the fall in the ratio from near 100 ended when silver briefly touched nearly $50 an ounce, and gold was around $850. The actual low came on January 31, 1980, when the ratio was 14.82:1. (Soon after, silver began a huge bear market relative to bonds as well as gold, which would take it up as high as 100:1 in 1991)."

http://www.gold-eagle.com/editorials_03/sanders030703.html

"On February 7, 2003 the ratio hit 79.6"

BTW i might have jumped the gun by trading today @ 63 but, silver is hard to find (not like it was in 2003 when 90% sold at a discount)