by Mickey Fulp
Silver Seek
A Monday Morning Musing from Mickey the Mercenary Geologist
The gold to silver price ratio determines the relative value of the two precious metals and is a useful parameter in deciding which metal to buy at any given time.
In two previous musings, I first documented the history of gold, silver, and the US dollar from the establishment of a national monetary system in 1792 until abandonment of the gold standard in 1971 (Mercenary Musing, April 25, 2016); then price histories and gold-silver ratios from the United States’ abandonment of the gold standard in 1971 to present (Mercenary Musing, May 2, 2016).