Wild to be writing this knowing where prices were not too long ago
Its not the weekend so these prices are constantly moving but as of typing the price of gold is $4,338.92 while silver is at $51.70 giving us a 1:83 silver to gold ratio
To give you a visual representation of this I have put together some of my coins
Here I have 1 gold 99999 coin with 83 ozs of silver. 7x10oz coins, 6x 2oz coins and a single maple leaf oz
I have a feeling the number of silver it will take to make these posts will continue to shrink as silver outperforms gold
I am interested to see the 1:50 mark and how long we can hover in that area or if we are going to blast straight past it
I see a lot of people calling for gold and silver tops because they saw a report about long lineups to buy the metals
their logic is that the sheep are lining up to provide exit liquidity
But its central banks that are stacking up gold, not Joe and Jill from down the street
If we see a major correction I would not be surprised but honestly, at this point, if we double in prices from here in a short time, I would be even less surprised
Posted Using INLEO
I think there's plenty of runway yet. I believe this smack down is to get silver out of weak hands.
My problem, I outta hiding space. I'll have to resort to secured private storage.
I am totally unfazed by todays "crash" lol I love when people call something a crash when we are simply back to last months prices lol
The fundamentals speak for themselves.
It's on SALE!
And I !LUV a sale.
I wish I had some spare dry powder to buy more, oh btw I got another tube of 14 2oz, will make a post showing them all off soon, I saw Costco selling a monster box of 520 oz of them for like $48,000 haha
I still have dry powder and took advantage of it.
I remember a Bullion dealer back in February 2024 offered an unopened Monster box of 2023 Maple Leafs for $18,130 CAD, my late Roommate left me some life insurance cash at that time.
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