Just to be clear, as someone has made a comment of another tread.
The Natural ratio, is the ratio of gold to silver in the earth's crust. 15:1
The average 200 year according to some sites is around 37:1 on a price per ounce bases.
The current level is 51:1
On a 200 day average, we should be at $45 per ounce at current gold prices.
Please let me know if a have this wrong.
bonanza grade silver, page-14
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