Silver and Gold, 041225

in #proofofbrain4 days ago


I usually post about Bitcoin here, but on Facebook I regularly share the price of Silver and Gold. Since these are interesting times, it's important to note the price of sound money.

Silver

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Silver is $56.95 USD, up from $51.91 USD last update.

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$79.55 CAD, up from $72.79 CAD last update.

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https://www.kitco.com/charts/silver

Gold

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Gold is $4206.19 USD, down from $4253.97 USD last update.

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$5871.04 CAD, down from $5964.18 CAD last update.

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https://www.kitco.com/charts/gold

"Gold is money. Everything else is credit."
-- JP Morgan to Congress, 1912

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Gold Silver Ratio: 73.87 to 1

Down from 81.977 on 191025, 87.188 on 130825, 86.43
on 150925, and 105.11 on April 22nd 2025.. How low will it go this year?
Historical Gold-Silver Ratios rose to 126 in March 2020, and fell to 62 in January 2021.

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Before that we have 31 in April 2011, 105 in February 1991, and 44 in April 1987

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https://goldprice.org/gold-silver-ratio.html

Silver in the hand is worth a Barrel of cash, when the fiat game ends.

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The intrinsic value of all currency is the paper it is printed on,
burnt for warmth or used as wallpaper.

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https://www.google.com/search?q=gold+news

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https://www.google.com/search?q=silver+news

With a tightening physical market, diminishing above-ground stocks and a persistent structural deficit globally, Silver is looking shiny. Over 50% of silver consumption is driven by electronics manufacturing demand, in things like Solar panels and EVs.


@Darkflame

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Syrian cash is going like the Zimbabwe dollar.
20240304_145446.jpg
I can get a pretty good quality, slightly used car with just two of these coins.
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