Headlines- After a temporary suspension, Emirates said the airline "will resume operations."
- On Saturday, US President Donald Trump said that Iran will be "hit very hard" and that he was thinking about extending the strikes to other targets..
- At least five ballistic missile launches from Iran have been detected by the Israelis since midnight.
- Mehrabad Airport in Tehran is hit by strikes
- The Prince Sultan Air Base was the target of a ballistic missile that Saudi Arabia's military intercepted and destroyed, according to the country's defense ministry.
- Heavy gunfire on Friday injured three peacekeepers from the United Nations Interim Force in Lebanon inside their base in southwest Lebanon.
- To put an end to the bloodshed, UN Secretary-General António Guterres urged serious diplomatic negotiations..
- In a social media post, President Trump said that "no deal" other than "unconditional surrender" will be with Iran.
- Iran reportedly receives intelligence from Russia on US targets.
Tag: Gold/Silver Ratio
September 16, 2019
The Gold/Silver Ratio Explained
The gold/silver ratio is an indicator that tells you the multiple of gold’s price over that of silver. For example: in May 1920, the price of gold per ounce was $253.15 and the price of silver was at $12.64. The gold and silver ratio was at 20:1 or 20-to-1. This means that 20 ounces of silver was equal to one ounce of gold