| The Gold-Silver ratio: Throughout history the ratio between gold and silver has been in the range of 12:1 to 16:1. What this means is that for every ounce of gold you would be able to exchange it for 12 to 16 ounces of silver. This was generally the case because there is approximately 12 to 16 times more silver in the earth?s crust than there is gold. Although this ratio has remained quite constant, the current ratio is 50:1. With one ounce of gold you can currently buy a whopping 50 ounces of silver???????????????Full Article: Source |
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Source: http://www.opalesque.com/Commodities_Briefing/?p=117841
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