Many of these pundits and talking heads like to point to the historical relationship between gold and silver prices, sometimes known as the “ratio”. People even comment as to this connection as far back as thousands of years ago. Let’s take a quick look at this.
Silver, thousands of years ago, was originally thought of greater value than gold, both because it was relatively scarce in great civilizations such as the Egyptians, and because it was easier to work into useful materials. Both silver and gold have been used abundantly for ornamentation and as a thing of beauty in homes, temples and palaces. Then of course as jewelry their beauty was very much esteemed.
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