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CNBC had an interesting story about precious metals and the relationship between the price of gold and silver. The “gold-silver ratio”, as one would expect compare the metals by calculating the amount of silver that can be purchased for the cost of a single ounce of gold.<br> Given that gold has been well over $1,300 per ounce, while silver has been rising rapidly, recently trading over $20 per ounce, the ratio has been about 66 or so.<br>See how this will affect you on my blog: http://www.franksanpietro.com/precious-metal-prices-pointing-gilded-future/
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