Gold to silver ratio

Just a quick post for today.

The Gold to silver ratio.
Looking at the 5 years chart, we see the metals which are mined at a ratio of 9 to 1 being traded against 83.5 against 1.

483B7E7E-CEB5-4629-B5CC-95BF26EADE4E.jpeg

Strange world isn’t.

Not that I am expecting that the trading ratio will go to the production level, but it shows the upward opportunity that silver has.

Or are we all seeing it in a wrong perspective and is gold highly overvalued and should gold drop tremendously to reach the production ratio of 9 against 1.
I know it is silly to think that way but it shows how ridiculous the markets are behaving.

Wishing you all a nice weekend and some food for thought.

Enjoy!

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The problem here is what we perceive as logical, but in these times, all markets are manipulated, so pure logic cannot apply.....Any thoughts?

Thank you for your continued support of SteemSilverGold

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