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The Silver OracleDESCRIPTION
Wednesday, November 19, 2008. Would you buy gold at 140oz? How do I conclude that buying silver could be as good as purchasing gold at 140oz? This is an historical aberration and the ratio is likely to revert back to the long-term average at some point, as it did at the end of the last bull market in precious metals in 1980. If gold were currently trading at 15X the price of silver as history tells us it should the price of gold would be only 140! 6 high stocks to flow ratio. 7 medium of exchange.CONTENT
This web page the-silver-oracle.blogspot.com states the following, "Wednesday, November 19, 2008." We saw that the webpage said " Would you buy gold at 140oz? How do I conclude that buying silver could be as good as purchasing gold at 140oz? This is an historical aberration and the ratio is likely to revert back to the long-term average at some point, as it did at the end of the last bull market in precious metals in 1980." It also said " If gold were currently trading at 15X the price of silver as history tells us it should the price of gold would be only 140! 6 high stocks to flow ratio."