Reply #79: That's a very big IF

[Art_from_Ark]

Considering that the current mining ratio is about 9:1, and the silver price still lags pitifully behind gold, and (with one brief exception in 1980) silver hasn't traded at a 16:1 ratio to gold in the metals markets since the 1870s, I don't see how silver is ever going to approach a 16:1 price level with gold. Saying that, as someone who holds some "junk silver" and silver eagles, I wouldn't mind seeing silver at $80, since that would mean my silver would be about enough to get me *two* round trip tickets to the States, rather than the current *one* ticket :).