Silver and Gold, 191025

1 day ago

I usually post about Bitcoin here, but on Facebook I regularly share the price of Silver and Gold. Since these are interesting times, it's important to note the price of sound money.

Silver

Silver is $51.91 USD, up from $42.58 USD last update.

$72.79 CAD, up from $58.77 CAD last update.

https://www.kitco.com/charts/silver

Gold

Gold is $4253.97 USD, up from $3681.42 USD last update.

$5964.18 CAD, up from $5079.43 CAD last update.

https://www.kitco.com/charts/gold

"Gold is money. Everything else is credit."
-- JP Morgan to Congress, 1912

Gold Silver Ratio: 81.977 to 1

Down from 87.188 on 130825, and 86.43 on 150925. How low will it go in 2025?
Historical Gold-Silver Ratios rose to 126 in March 2020, and fell to 62 in January 2021.

Before that we have 31 in April 2011, 105 in February 1991, and 44 in April 1987

https://goldprice.org/gold-silver-ratio.html

Silver in the hand is worth a Barrel of cash, when the fiat game ends.

The intrinsic value of all currency is the paper it is printed on,
burnt for warmth or used as wallpaper.

https://www.google.com/search?q=gold+news

https://www.google.com/search?q=silver+news

With a tightening physical market, diminishing above-ground stocks and a persistent structural deficit globally, Silver is looking shiny. Over 50% of silver consumption is driven by electronics manufacturing demand, in things like Solar panels and EVs.

@Darkflame

proofofbrain hive-engine pay cent silver gold ratio prices

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4 comments

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1 day ago

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