Gold to Silver Ratio

in LeoFinance4 months ago

October 26th 2024

Saturday, which means gold and silver prices are resting

I have not done one of these posts in a while, based off just memory alone, the ratio was around 1:88

With gold at $2,748 and silver at $33.70 we have a gold to silver ratio of around 1:81.5

The way things appear, this could be just the beginning

The predictions out there can get wild, some even saying silver will be 1:1 with gold due to the fundamentals

But imagine 1:1 means gold will plummet, not silver sky rocketing, that would be pretty dramatic and unrealistic, but kinda funny when the 1:1 prophecy comes true and everyone is ruined lol

But I think silver shooting up 60x is more likely to happen than gold crashing 97% but I am not hold my breath for that

I just find it wild that a tube of silver maple leafs will be worth enough for a down payment on a cash flowing 4plex…

Wilder thing have happened before but the euphoria would be intense for us stackers

Would you be able to sit there as silver goes over $1,000 and not sell any as it rides up to $2,000?

If that wild 1:1 call comes to pass will you even have any silver left ?

It’s easy to say you wont sell something but everyone has a price.

You don’t want to round trip these cycles, nothing wrong with moving things around when something becomes overbought, its time to sell, at least some

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It would be cool but not likely to every come to pass. I see gold pushing past 3K before much longer... It's a brave new world!
!BBH

I can totally see $3,000 in the near future

Won't be long before Silver breaks its ATH which I thought was $60 but bing says is $49.45 in 1980.

I packed my Silver bags some years ago at sub 10 bux and I'm tempted to sell some now. But I'm also thinking crypto will take good care of us in 2025 so I'll sell a little of that next year and HODL the Silver!

sub 10 sounds amazing! Imagine that, a 10 oz bar for under 100 bucks!

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