24Knews Gold Thread

[Pixel8r]

Welcome to the new 24Knews Gold thread.

The old 24k Gold thread is available here in read-only mode - http://old.24knews.com/viewtopic.php?f= ... 367e3906a6

[Acton Boy]

There is very little excitement in the metals, things are really quiet, so I’m thinking (hoping) this might be close to the time when the next move up starts while most people are not paying attention ?

[Pixel8r]

There is very little excitement in the metals, things are really quiet, so I’m thinking (hoping) this might be close to the time when the next move up starts while most people are not paying attention ?

I agree, think we are going to be in for a hot summer

[Acton Boy]

I didn’t realise that the US debt clock has both a gold and a silver to dollar ratio, comparing the current inflated dollars to their 1913 dollar ratios ...
It’s on the far right hand column.

https://usdebtclock.org/

[Pixel8r]

I didn’t realise that the US debt clock has both a gold and a silver to dollar ratio, comparing the current inflated dollars to their 1913 dollar ratios ...
It’s on the far right hand column.

https://usdebtclock.org/

Silver at $5,145 per Oz, I'll have some of that

Also interesting is this page which shows the production and reserves. Calculating the figures shows the actual reserve ratio is at around 11:1, far from the 67:1 current price ratio.

https://usdebtclock.org/gold-precious-metals.html

[Acton Boy]

I didn’t realise that the US debt clock has both a gold and a silver to dollar ratio, comparing the current inflated dollars to their 1913 dollar ratios ...
It’s on the far right hand column.

https://usdebtclock.org/

Silver at $5,145 per Oz, I'll have some of that

Also interesting is this page which shows the production and reserves. Calculating the figures shows the actual reserve ratio is at around 11:1, far from the 67:1 current price ratio.

https://usdebtclock.org/gold-precious-metals.html

Well spotted Pix.
At 11/1 it makes me want to get silver !
I wonder how accurate the debtclock numbers are.

[Pixel8r]

Well spotted Pix.
At 11/1 it makes me want to get silver !
I wonder how accurate the debtclock numbers are.

Pretty good IMO. The actual ratio that silver comes out of the ground these days, compared to gold, is around 7.5:1. Even more extreme.

I am mostly silver currently. I Will swap some back as the ratio continues to drop.

[Pixel8r]

Interesting