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24Knews Gold Thread
- Pixel8r
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24Knews Gold Thread
"Money is Gold, and nothing else"
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
Re: 24Knews Gold Thread
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
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Re: 24Knews Gold Thread
I agree, think we are going to be in for a hot summer

"Money is Gold, and nothing else"
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
Re: 24Knews Gold Thread
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/
It’s on the far right hand column.
https://usdebtclock.org/
- Pixel8r
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Re: 24Knews Gold Thread
Silver at $5,145 per Oz, I'll have some of thatActon Boy wrote: ↑Wed Apr 07, 2021 9:51 pm 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/

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
"Money is Gold, and nothing else"
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
Re: 24Knews Gold Thread
Well spotted Pix.Pixel8r wrote: ↑Wed Apr 07, 2021 10:58 pmSilver at $5,145 per Oz, I'll have some of thatActon Boy wrote: ↑Wed Apr 07, 2021 9:51 pm 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/
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
At 11/1 it makes me want to get silver !
I wonder how accurate the debtclock numbers are.
- Pixel8r
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Re: 24Knews Gold Thread
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.
"Money is Gold, and nothing else"
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
- Pixel8r
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Re: 24Knews Gold Thread
Interesting

"Money is Gold, and nothing else"
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
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