With gold reaching $3500 an ounce today (100 times the official fixed price before Nixon decoupled the dollar from gold) what does that mean for silver? Silver was fixed at $1.29 an ounce back then.  So at a minimum (if silver wasn’t being capped and controlled by the bullion banks) it should be around $130 an ounce. That is just keeping it at the 27 to 1 ratio from that time.  (Gold is likely to keep rising, so silver’s eventual target value will continue to increase as well.)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      So while not necessarily a price target, it helps to set the floor, that represents a more accurate picture of silver’s relative value to gold in terms of a relationship as currency. Considering silver’s fundamentals, from 5 years and counting of production deficits and the increased industrial demand developed over the 50+ years since, it is easy to see why that $130 will more likely represent a floor, than a ceiling.                                                                                                                                                                                                                                                                                                                                                                                                                                         Before silver’s journey to $130 and beyond takes place, the Comex and LBMA suppression needs to end. Their collapse is likely in months, if not weeks, and once that takes place, the speed at which price reflects true value will happen in days, if not hours. Gold’s recent rapid ascent being just a miniscule preview of what silver’s rise, will look like.