View Single Post
  #2  
Old 06-03-2019, 03:23 PM
Peter_Spaeth's Avatar
Peter_Spaeth Peter_Spaeth is online now
Peter Spaeth
Member
 
Join Date: Apr 2009
Posts: 34,265
Default

Quote:
Originally Posted by vintagetoppsguy View Post
Wouldn't that be the time to buy? I'm still bullish on it.

Silver is pulled from the ground at a 9:1 ratio over gold. For every 9 ounces of silver that is mined, one ounce of gold is mined. So if it comes out of the ground at a 9:1 ratio, why is there a price difference of nearly 90:1?

Doesn't something have to give? Either gold comes down or silver goes up?

You can follow the herd. I'll be myself.
I do think it may well go up from here but I read your post to be implying that you made a good move buying it 3 years ago which implied you had done well with it so far.
Your math seems flawed though, it isn't just a question of quantity but I am sure you know that.
__________________
Four phrases I nave coined that sum up today's hobby:
No consequences.
Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.

Last edited by Peter_Spaeth; 06-03-2019 at 03:24 PM.
Reply With Quote