Email a copy of 'Economics & Investing For Preppers' to a friend
Loading ...E-Mail 'Economics & Investing For Preppers' To A Friend
Loading ... Loading ...6 Comments
- Ad Elk Creek Company - Federally-Exempt No-Paperwork GunsPre-1899 Antique Cartridge Guns -- No FFL Required. Can be mailed to your doorstep with no Federal paperwork!
- Ad Most Preppers Store Ultra-Processed FoodMost Preppers Store Ultra-Processed Food, But You Can Store REAL Food That Lasts Years And Will Actually Improve Your Health Daily!
“Gold Is Now 85 Times More Expensive Than Silver”
the new normal?
gman,
Probably not. I wouldn’t hold my breath waiting for a correction, but I WOULD be buying physical silver, in 1 oz rounds or bars, preferably from a nearby coin shop where you could pay with cash, nothing trackable or traceable.
“I wouldn’t hold my breath waiting for a correction”
heh, stopped holding my breath for anything years ago. “any day now” …. but I do anticipate a g/s of 5.5/1. any day now ….
That would be one HELL of a correction. Didn’t the G/S ratio used to be set at ~31/1?
The traditional trade ratio of silver to gold was 16-to-1. That matches what is recoverable in mining vis-a-vis the natural existing ratio in the Earth’s crust.
“correction”
more of a reflection of present reality. there’s 5.5 times more gold than silver above-ground at any given moment, and in a major economic shutdown what is readily at hand will be the only metal available for a long time.
“traditional trade ratio of silver to gold was 16-to-1”
historically, sure. conditions have changed.