montross515

The Gold / Silver Ratio: From 1300 to 1900... And Now

WRONG. There is 5 times more gold above ground than silver in the world at this time. The story below ground may be similar as most silver is shallowly buried, and already mined.


On Aug 01 09:19 AM Value Added wrote:

> Though your historic ratios of gold:silver are interesting, I don't
> believe they are relevant for assessing the current situation when
> taken further back than a couple of decades. A lot has changed since
> the year 1300 - and concerning these two metals, it's a totally different
> world. Primary usage of these metals in 1300 was for coinage/jewelry
> etc., and today the usage for gold is essentially unchanged, except
> for the addition of dentistry to the list. Silver on the other hand
> has found numerous industrial uses and is being depleted. In 1300,
> there was more silver available than gold (hence gold's premium),
> but today there is actually more gold available above-ground than
> silver, just the reverse. So while I agree with you completely that
> the current price ratio is a distortion from what one should expect,
> I think we should be looking at the fundamentals of supply and demand,
> which would indicate that the current ratio is even more extremely
> out of balance than what you are suggesting. Hold onto your hat -
> it's going to be one wild ride.

Silver's Strength Waning

Since the US government is behind the manipulation of the price of gold and silver all your article shows is what they are doing. Nothing more. If our government wasn't short a year's worth of silver, short against nothing but paper dollars, then silver would be $25 an ounce---for a minute. And then it would be off to the stars. Imagine if 5% of the money in bonds wanted to get into silver???

How the U.S. Government Is Footing the Stimulus Bill

The logic of this article is widely used by other writers, and if true, we are all going to face some tough times. What is tough? Well, revolutions have started over tough times. The USA has over 250 million handguns and a real unemployment rate of probably 13% or more right now. Double that percentage and we might begin to see what is tough.

Soaring Silver, Stalling Gold

Silver appears to be in extremely short supply in coin shops. On Ebay the price per ounce is clearly over 50% above the Comex price. Uses for silver are growing in proportion to the growth in the use of electricity worldwide ( look at India and Asia growth) PLUS new uses in medicine, hygiene, and computers. If the current Comex price of silver was $25 an ounce I think reasonable people would think they understood the market forces. As it is, we have to think that Bush/Cheney are playing games with the market, along with the C7. Ever wonder how much money the Bush Administration is losing everyday as they play the markets? What is a billion dollars to people who blow through a trillion in a few months?

Sorry, There Is No Silver Conspiracy

Otto, you miss the point. The SEC is part of of the team trying to deceive us about what is happening to fiat money; the Administration and other Central Banks are manipulating the futures markets in gold and silver. It is just that simple.

Sorry, There Is No Silver Conspiracy

Dear Otto, If I understand you, then naked short selling of a few hundred thousand ounces of silver shouldn't depress the price?? Are you out your mind? You can drive the price of any stock or commodity to close to zero by naked short selling enough of it. such illegal behaviour is tolerated, or encouraged, by the Bush Administration, which only makes you ask if they are the ones really behind it. Having negative lease rates is obviously a ploy by the administration.

We don't have to answer your three questions, Otto, as they aren't necessarily relevant to the realities involved.