Silver Gold ratio - presented through yearly averages of the silver:gold relationship , today the ratio is between 46-47. I think it's going to drop significantly. It's not too late to buy silver and take advantage of the upcoming favorable During the time of Tiberius (time of Christ) 200 denarius was about 21.5 troy ounces of silver by weight, the price to buy 5,000 loaves of bread to feed 5,000 men with their families (Mark 6:37). Average price of a loaf of bread in Canada today is $3.00. To feed 5,000 at one loaf per family would cost $3 x 5,000 or $15,000. Thus an ounce of silver during the time of Tiberius priced in today’s dollars is $15,000 /21.5 troy ounces (200 denarius) = $697 per ounce.
Most Gold is at the bottom of the Ocean due to shipwrecks...Its actually logged in records how many ships they'd lose and were...Back at that time...the was literally no way to get the gold...that why you have guys like that Mel whatever digging them up.
Silver to become a rare earth metal , it is Extremely undervalued. Silver to become extinct by year 2020 according to geologists only 300 millions ounces left! Silver is consumable industry metal it is used up : 95% gold ever found is still around 75% of silver is a by-product of mining other metal only 25% is primary product of mining,In 1480 the price of one ounce of Silver was equal to one ounce of Gold, Low supply, high demand Price to skyrocket get your silver and stay long!
Silver, above ground, is more rare than gold! There is seven times as much gold above ground as compared to silver!
Saturday, February 12, 2011
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GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!
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