The Gold to Silver Ratio - May 30th 2022

in LeoFinance3 years ago

These metals are very interesting. No matter what happens to the price performance, those who believe in them stack as much of them as they can.

Communities all over the web share their purchases, discuss sentiment, make projections and so much more.

Right now at the time of writing silver is sitting at $22.20 while gold is at $1,860.31 giving us a ratio of just under 1:84

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Why stack metals? Well, if ever anything happens to fiat money, gold and silver will be accepted by many as a medium of exchange.

I highly doubt the government will be able to implement their own crypto coin to control us and our money, but knowing how long it takes the government to get anything done I don’t see this central bank backed crypto currency be a thing for at least another 30 years.

Gold and silver though is very attractive to millions and millions of people so you can always find a community to trade with if society fails. I know a few farm owners who will gladly accept silver and gold for food and livestock. :)

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Thanks again for keeping us updated and educated, with the Gold : Silver Ratio Report, Staker Stacker
@ssjsasha.

Why?

Funds are safu!

I hold very little physical metals, but I like to hold tokenized gold in the form of PAXG.

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Good and silver as always is a good exchange

The Gold to Silver ratio is higher. You are always able to buy/sell with Gold !

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I always prefer gold to sliver any time of the day

You received an upvote of 100% from Precious the Silver Mermaid!

Thank you for contributing more great content to the #SilverGoldStackers tag.
You have created a Precious Gem!

This is so true, I just realized I don't have any yet...
Gold and silver has been used for payments exchange in the past.

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