| With the ratio of silver to gold sitting at more than five times higher than the historical average, something has to give — and it’s likely that silver will make the bigger move. The gold-to-silver ratio currently stands at about 1 to 79. In other words, a single ounce of gold with futures prices at $1,248.60 an ounce Tuesday, is worth 79 ounces of silver priced at $15.885.
The ratio, which can serve as an indicator to determine when to buy or sell the precious metals, recently touched its highest level since the 2007-2008 global financial crisis. About five years ago, that ratio was closer to 35, while the historical average is around 15...............................................Full Article: Source
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