Gold to Silver Ratio

The weekend is always the best time to check the gold to silver ratio because on the weekends the prices are at standstill

If I want to make this post during the week it would be hard because as I am typing and calculating the rates the prices will be moving around. So since there is no price movement now is the time to do this.

Here we can see gold price is at $3,886.80 while silver is at $47.99

This gives us a 1:81 gold to silver ratio

If you remember I was making posts when the rate was ABOVE 1:100 and I was telling you to focus on silver instead of gold or a mix of gold and silver

I even said in some cases you might be better off selling all your gold for silver depending on the rates you can get. Those premiums are pretty wild but in some cases this play would have worked out

The picture represents this ratio perfectly with 10 grams of gold and 26 ozs of silver

I have a 10 gram bar a 10 oz coin and eight 2 oz coins to represent this ratio

I have a feeling there will be less silver per gold in future posts, might take a few months but I see it happening

Posted Using INLEO