I think it needs to be 10 to 1 to make it Stable... I suppose the Melt Value can Fluctuate somewhat , but the Face Value should remain 10 to 1... That’s why we may end up with a $10 Silver Eagle and a $100 Gold Eagle... Hopefully that will be a very long ways off... At Present, the Face Value ratio is 50 to 1 as far as the Silver and Gold Eagles are concerned... I can’t see Silvers Melt Value staying at 70 Cents per Ounce, very long... The Melt Value must always remain less than Face Value... So in the For-see-able Future, I think we're going to need that One Ounce, Five Dollar, Silver Eagle, with a Melt Value of $3.50......
RE: 6/20 Trading Futures Update - PMs-Up Biggly, S&P500, Crypto-All Up