/biz/ - Business & Finance

>>29753298
Guys I'm not feeling so good. I bought a bunch of silver on the basis of it being undervalued relative to gold - people say that the ratio in nature is 19:1 yet silver trades around 60:1 meaning its a huge discount.

So to see if this same relationship exists with other metals and can predict the future price accurately, I compared iron futures to gold and this is the result. Gold is trading 27x under fair value if relative abundance is the measure we are using to determine price. Did I just BFTO myself and should I dump my whole silver stack for gold?