silver price squared (divided by unit dollar) is the gold price

Discussion in 'Silver' started by samboyellowsub, Mar 31, 2011.

  1. samboyellowsub

    samboyellowsub Member

    Joined:
    Jan 27, 2011
    Messages:
    770
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    West Texas
    Thought I might point that out. I noticed the price was a few cents from the GSR!
     
    samboyellowsub, Mar 31, 2011
    #1
  2. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    say again?
     
    JulieW, Apr 1, 2011
    #2
  3. tthace

    tthace New Member

    Joined:
    Nov 14, 2010
    Messages:
    131
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    hahahahah honey stackers ... good april fools lol.


    My honey stacks don't last they keep melting grrr
     
    tthace, Apr 1, 2011
    #3
  4. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

    Joined:
    Sep 1, 2010
    Messages:
    3,572
    Likes Received:
    4
    Trophy Points:
    0
    Location:
    Brisbane/Greenbank

    (silver SPOT) squared = gold SPOT [ roughly ]

    37.61 x 37.61 = 1414 !! ( off by aroudn 2% )


    and also current GSR is around 38, and current silver spot is almost $38 oz


    It was similar to when the price of silver reached $31.1 per oz - you had 1 gram of silver = $1
     
    THUCYDIDES79, Apr 1, 2011
    #4

Share This Page