Garbage overpriced Stock Market and the #Gold / #Silver Ratio.!!
#Gold = $1,524.70oz
#Silver = $17.22oz
#Gold / #Silver Ratio
#Gold / #Silver Ratio a ridiculous 88.54.!!
In 1792, the #Gold / #Silver price ratio was fixed by law in the United States at 15:1
The ratio of silver to gold in the earth's crust is 17.5:1. In Roman times, the price ratio was set at 12 to 1. In 1792, the gold/silver price ratio was fixed by law in the United States at 15:1, which meant that one troy ounce of gold was worth 15 troy ounces of silver; a ratio of 15.5:1 was enacted in France in 1803.
Garbage overpriced Stock Market
"Wait until we dump this garbage overpriced Stock Market onto dumb Investors.!!"
#ghostcrash #debt #derivatives #crisis #crash
Thanks again for reading.
Stephen
It's quite amazing how the gold/silver ratio has become so out of line with its true ratio - something like 1:15.
Any idea why silver has been heavily suppressed as I've not come across any explanation for this?
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I wonder if it's because silver is so heavily used by tech industry (think printed electronics and solar PV panels etc.), maintaining a low silver price could be in their interests.
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Yes, it could be!
However, why are other commodities are not suppressed?
I think there is an alternative motive with silver.
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Shared on twitter. Stephen
https://twitter.com/StephenPKendal/status/1161640492423176193
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