The gold and silver prices are fairly stable, especially the ratio. Today we are sitting at $24.63 for silver while gold is sitting at $1925.30 giving us a ratio of around 1:78
Here I have showing off 1/10oz of gold and around 7.8 oz’s of silver to represent what this ratio of 1:78 looks like.
I really wanted a gold version of that 1x100 grams silver but ouff it is really expensive, its just over 3.2 ounces and no, there is no discount because it is 3.2 ounces. I can buy three 1 oz gold coins and two 1/10 oz gold coins for less than the 3.2 oz bar lol
I have a feeling that 5 years from now we can see an over $5,000 gold price, silver remains a mystery to me and hard to predict.
I am basing my predictions on world conditions and how India and Russia have been looking at gold recently.
What are your metals predictions and tell me how you come up with those predictions.
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Thanks again for the report, Staker Stacker - @ssjsasha. I think the world is going to be shocked, when it is realized the Gold has been missing, for decades, and can't be traced, there is much less Silver than we thought, and trillions of fiat Dollars, cannot be accounted for, missing.
due to this situation of war between Russia and others, maybe Gold and Silver turned more expensive like Ethereum and Litecoin
Indeed gold has more likelihood to shoot up in the future. The current world crisis has shown the need to stack those precious metals especially gold
The price of gold would rise in the coming years and it would be hard to predict.
And the official short-sheeted, short-changed, and paper shorted silver paper price will stay until THEY LOSE CONTROL of the silver market.
Until then, Stack some more.
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I believe the gold price will increase in a positive note in the nearest future
That is a great example. With the 1/10 0z gold coin equals all the silver. Gold is bullish, but silver has it swings, hard to predict !
I am still finding it difficult to understand why Gold is still much more valuable than silver
I think gold bar is suitable and detected by direct spot price but coins have something historical and cultural values
I see most sellers want huge premiums.
I wait for larger purchases to the metal bear market to stack up :)
Last time gold drops massive too. But at this time we don't have that much inflation and fud.
But a bit cool off sounds to me reasonable :)
Anyway, I'm always impressed by your gold :O
I'm fleeing to gold as this Inflation is getting crazy. I think the Fed has lost control and it's gonna be a nasty recession if not depression. Preserving what buying power I got and I may not afford to retire yet.
Cool visual! I like those 100x bars too, but primos have always kept me away.