24Knews Gold Thread

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Pixel8r
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24Knews Gold Thread

Post by 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
"Money is Gold, and nothing else"
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
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Re: 24Knews Gold Thread

Post by 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 ?
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Re: 24Knews Gold Thread

Post by Pixel8r »

Acton Boy wrote: Sat Apr 03, 2021 5:13 pm 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 :thumbup:
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Re: 24Knews Gold Thread

Post by 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/
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Re: 24Knews Gold Thread

Post by Pixel8r »

Acton 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/
Silver at $5,145 per Oz, I'll have some of that :D

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"
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Re: 24Knews Gold Thread

Post by Acton Boy »

Pixel8r wrote: Wed Apr 07, 2021 10:58 pm
Acton 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/
Silver at $5,145 per Oz, I'll have some of that :D

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.
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Re: 24Knews Gold Thread

Post by Pixel8r »

Acton Boy wrote: Thu Apr 08, 2021 7:24 pm
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.
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Re: 24Knews Gold Thread

Post by Pixel8r »

Interesting :pray:

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Re: 24Knews Gold Thread

Post by Acton Boy »

Cup and handle in gold chart looking promising ...... 😀

https://www.seeitmarket.com/gold-price- ... -the-moon/
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Re: 24Knews Gold Thread

Post by Pixel8r »

Acton Boy wrote: Sun May 09, 2021 7:23 am Cup and handle in gold chart looking promising ...... 😀

https://www.seeitmarket.com/gold-price- ... -the-moon/
I prefer the massive 40-year cup & handle in silver, that truly will be a move to the moon. In technical analysis, they measure the projected move from a cup & handle by adding the depth of the cup. :thumbup:
"Money is Gold, and nothing else"
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
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