The Gold / Silver ratio is currently 82.
This is very very weird.
The historical ratio is around 12.
It is about the ratio these two metals come out of the ground.
Further, gold's major use is to sit in vaults never to see the light of day. (also electronic pin plating and jewellery)
While silver is the material with the most industrial uses after crude oil.
All the silver is being used up.
All the gold is piling up in vaults.
What is going on here?
Is this an accurate representation of the disparity of demand?
Or is it all manipulation?
When people think of investing in PMs they think of Gold.
Which is weird, because the other PMs are much more precious. Platinum, Palladium...
From my point of view, this is really strange.
But, experience of talking with investors shows that when they think of PM, they think of Gold.
And, the prices of the metals shows this...(maybe)
Again, is it demand, or is it manipulation?
The silver price is known to be highly manipulated.
The SEC was given a smoking gun... and sued no one.
The gold price is also manipulated.
GATA has shown this. And the SEC has done nothing.
I have also heard, but cannot substantiate (because those involved in the deal are not allowed to talk about the deal) that if you wish to purchase a large volume of gold, you will pay 2x - 10x more that spot price for it.
And gold leasing... where you "borrow" some gold at a very tiny interest rate, and then, both the leasor and leasee can count the gold on their books... and you might not give the gold back, but instead some fiat currency... or, the gold may never have been given, it still sits in the same place, but they "owner" is changed. And then the leasor may lease the gold to someone else...
All very convoluted and the SEC should get involved with this obvious fraud. (still not a peep)
What everyone watching this is waiting for is for the manipulation to end.
All the gold and silver people talk about the end of manipulation (like Bix Weir ) and where the price may go without the riggers selling bare naked shorts into the market.
(When someone puts a short onto the market, it is supposed to have some backing. So, when a person wants to call in the short position, they have to provide the silver... but the comex allows you to just settle for cash. Soooo, someone (JP cough Morgan cough) keeps selling a years worth of silver, as short positions, into the market each day. They obviously do not have the metal (bare naked), but they continue to keep the price of silver down)
Now, the estimated price of gold will go to to $10,000
and the price of silver will go to $500
Some people say these numbers are the minimum, and some say the maximum.
And we may never know, as the The US dollar collapses first, before the manipulation ends.
All that i can add to this personally is that silver will be very valuable in the future.
Because of its properties, it will be needed for many new technologies being discussed right now.
New things that will be in very high demand.
So high that many countries will declare silver a national treasure, and that it cannot leave the country.
Silver mines will be nationalized.
If this demand hits the market while they are still trying to rig the markets, this demand will destroy the rigging.
The comex price will say one thing, and the guy standing outside the coin dealer will say a much, much higher price.
A tube of silver will buy you a mid-west house sort of high prices.
Unfortunately, if silver demand breaks the manipulation, a lot of other things break too. And so, the times will be very turbulent.
All i can really say is own some silver.
I don't know which is the most undervalued asset, bitcoin or silver. I would just buy both.
Greetings... Bix Weir is not yet aware of "my version" of the coming U.S. Monetary Correction... I've been doing the Fine Tuning of our New Product Line of Silver and Gold Coins... The Silver/Gold Ratio will be 10 to 1 in Phase One, then 1 to 1 in Phase Two, and then 1/2 to 1 in Phase Three of the U.S. Monetary Correction... Anyway, I think Bix is very close to what's heading our way, but I'm still a couple steps ahead of him... Feel free to ask about my version of the what's heading our way...
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I don't think anyone knows all the pieces that are moving in this shit show we call a financial system.
Bix Weir has a lot of pieces, but, if there really are white hats, things are not going to go down like they plan.
Plans never survive first encounter with the enemy.
I believe, over a long enough time span, that gold goes to $0. Or, whatever the price for a pretty bit of jewellery is.
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If we go with the CBDC's (Digital Slave Units) you're right about Gold going to Zero...
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