Gold/Silver Ratio: Silver Going Higher? | zero hedge
Gold/Silver Ratio: Silver Going Higher? | zero hedge : "Gold/Silver Ratio: Silver Going Higher? Submitted by Tyler Durden on 11/19/2010 11:58 -0500 Recession Roman Empire A topic we covered extensively in the past makes a second appearance, this time courtesy of Abigail Doolittle and The Weekly Peak, whose weekly musings focus on the much fabled ratio between the price of gold and silver. Some observations: 323 B.C. – The ratio stood at 12.5 upon the death of Alexander the Great. Roman Empire – The ratio was set at 12. 12th to 17th Century – The ratio was around 12. End of 19th Century – The nearly universal, fixed ratio of 15 came to a close with the end of the bi-metallism era and England’s attempt to demonetize silver and conceivably because the country had little of the precious metal. 1980 – At the time of the last great surge in gold and silver, the ratio stood at 17. 1991 – When silver hit its lows, the ratio peaked at 100. 2003 - 2007 – This part of the bull market...