Older & wiser. Have the scars to prove it.
The average historical average of pricing for silver to gold is 15:1.
Now understand that silver has NEVER historically had the applications it now has. Samsung’s new battery technology alone requires 1 kg of silver per battery. Samsung, electronics & defense manufacturers are not going to stop buying silver… REGARDLESS of the price.
Makes L. Frank Baum’s TWOO seem rather prophetic.
https://x.com/silverguru22/status/2004353802837938658?s=46
The 15:1 ratio has been based on mining production and the cost of mining production between the two metals. Prior to the industrial revolution this didn't change much. Modern mining techniques and current metal plentifulness will rewrite this ratio. The current high quantity usage of silver will change the value and also affect the ratio. Gold may begin to be used instead of silver for some electronics applications.
I don't know what the new ratio will become but with the silver float consumed, we will soon find out when true, unmanipulated supply and demand balances.
Silver is the most conductive.
And Silver has been dominant over gold before. It wouldn’t be a first.
