81.8/1 This AM
Gold-Silver Ratio
- Thread starter BigJim
- Start date
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- gold silver ratio gsr
#goldtoo.
Goldbrix'll understand...
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80.6/1 For the weekend.
Bottom Feeder
Big Eyed Bug
Hummmm...
current (11/10/2022 10:01) G/S ratio is - 81.22
Au = 1748.9
Ag = 21.62
Going to apmex and get pricing...
GAE for 1988.89
SAE for 38.82
G/S ratio = 52
Hummmmm
current (11/10/2022 10:01) G/S ratio is - 81.22
Au = 1748.9
Ag = 21.62
Going to apmex and get pricing...
GAE for 1988.89
SAE for 38.82
G/S ratio = 52
Hummmmm
- Messages
- 983
- Reaction score
- 1,331
- Points
- 193
My opinion only, but the paper price these days means less than nothing. Merely an arbitrary number with zero basis in reality. Price for physical is the only thing that matters.
81.6/1 For the weekend.
84.2/1 This AM. Creeping back up...
83.6/1 For the weekend.
82/1 For the weekend
79.72/1 Under 80 first time in a while.
Pyramid
Fly on the Wall
A long way to go, but bring on GSR ~50 or below. Near or below that ratio we can all get rid of a bunch of silber for gold.
The "Fed" and its mouthpiece Jerome Powell's soundbites aside, interest rates can't continue upward for much longer without completely destroying the US and global economy. That ingenious "Fed" chair said today that "We might get rid of inflation, but at a very high human cost." DUH.
The "Federal Reserve" has no reserves, nor any Constitutional authority to control monetary policy.
The "Fed" and its mouthpiece Jerome Powell's soundbites aside, interest rates can't continue upward for much longer without completely destroying the US and global economy. That ingenious "Fed" chair said today that "We might get rid of inflation, but at a very high human cost." DUH.
The "Federal Reserve" has no reserves, nor any Constitutional authority to control monetary policy.
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77.8/1 Friday afternoon.
77.7/1 For the weekend.
77.7/1 For the weekend.
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77.5/1 Midday Thursday.
- Messages
- 983
- Reaction score
- 1,331
- Points
- 193
I remember April 2011 very fondly. I pulled the trigger a little early at 34:1, but I unloaded a lot of silver that day for the good stuff. Had I waited two more days, I would have seen 32:1. I still have zero regrets and I still have all that gold.
Or, I would have had it not been for that tragic boating accident.
#metooI remember April 2011 very fondly. I pulled the trigger a little early at 34:1, but I unloaded a lot of silver that day for the good stuff. Had I waited two more days, I would have seen 32:1. I still have zero regrets and I still have all that gold.
Or, I would have had it not been for that tragic boating accident.
76.6/1 For the weekend.
2023
76.13/1
76.13/1
Most worldwide are closed for the New Year. China maybe open with their calendar being different, IDK.
- Messages
- 121
- Reaction score
- 237
- Points
- 143
It's Monday January 2nd, everyone back to work. I guess the gold market is socialist also.
New Years Day fell on a Sunday this year. Many businesses and govco offices observe the New Years Day holiday today instead.
www.nj.com
New Year’s Day 2023: What’s open what’s closed on Monday, Jan. 2? Banks, UPS, mail delivery, stock markets, stores, malls, supermarkets, restaurants
Are banks open? Is the Post Office open? Does the mail run? Is the stock market open? Here is your guide to what is open and closed on Monday, Jan. 2, the day when most offices observe the New Year's Day holiday
Bottom Feeder
Big Eyed Bug
Heh, yeah, that's about my position as well.
- Messages
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- Reaction score
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- 193
I avoided that more or less by accident <-- in that my avoidance was not planned, just a happy corollary:
Started stacking when gold was under $200 (including vigorish). After an initial largish buy, I then only bought when my weekly regular and unchanging "put aside" fiat ration reached "you can buy now" level for Krugerrands or silver rounds/junk.
Bought on that day. What that accidentally made into a benefit was that the "pretend" ROI for Au and Ag has come out humongously positive overall.
If silver tanked, I got to buy some. If silver soared, I did NOT get to buy the same "some", <-- Much less, or else nothing, since my fiat ration put-aside did not reach the mark.
You can see that evens out to a continual "pretend" plus no matter when the PM's were purchased.
The quotes around "pretend" is due to the fact the PM's will never be swapped for fiat. Never. The fiat will die soon -- as we all know -- and therefore the "price" in fiat is totally immaterial to me.
While I hold much the same view, I do wonder how it might be swapped out in the event of the failure of fiat ?
A massive devaluation is possibly a better ( less bad ?) situation
Ive got my stash, via Bullionvault, in a commercial vault in Zurich, which allows me to sell at any time, as long as theres power / internet/ buyers/ means of payment and youve possibly got yours hidden in the garden ..........
It may make more sense to turn it into land / building materials / whiskey/ bic lighters while its still an option if you think fiat will die ?
I trust my "garden" over any third party. Especially when the lights go out, by SOL or War,
78.37 for the weekend
- Messages
- 63
- Reaction score
- 126
- Points
- 103
79.17 on 1/13/2023 at 3:30 PM.
79.16/1 For the weekend.
80.5/1 For the weekend.
81.74/1 For the weekend.
83.5/1 For the weekend.
84.8/1 For the weekend.
84.8/1 For the weekend.
87.3/1 For the weekend.
88/1 For the weekend.