Kubang
Kurra Bewarse Username: Kubang
Post Number: 3300 Registered: 09-2011
Rating: N/A Votes: 0 | Posted on Tuesday, September 04, 2012 - 5:15 pm: | |
Nbkfan123:current gold:silver ratio is 55. in future it willcome down to historical ratio of 16:1
historical data is not an indicator to future performance. I will give you an example: Oil vs NG historical ratio is about 1:6 based on heating value. now it is at 1:40 that doesn't mean NG is going to go lot higher or Oil is going to drop significantly. It boils down to economics 101, demand and supply. Don't wish for $10,000 gold price; you don't want to live in that world. If it ever gets to that point; 75% of the people in this DB will be unemployed. |