21.07.2016 - Silver to Hit $50
The last major bull market for silver (prior to 2009–2011) was in the 1970s. In the decade of disco, the price of silver climbed from $1.25 to $43. The signs are clear... silver prices have been steadily climbing again. We're headed toward another “golden” age for silver. Another bullish sign for silver prices is the gold-to-silver ratio. When Rome ruled the world, the g/s ratio was set at 12 to one. One piece of gold was equal to 12 pieces of silver. In 1792 the g/s ratio in the United States was fixed by law at 15 to one. Today the g/s ratio is at 67.96. That means gold is expensive and silver is cheap in comparison...............................................Full Article: Source
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