Silver and Gold, 150925


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 $42.58 USD, up from $38.50 USD last update.

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$58.77 CAD, up from $52.97 CAD last update.

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

Gold

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Gold is $3681.42, up from $3355.69 USD last update.

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$5079.43 CAD, up from $4617.36 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: 86.43 to 1

Down from 87.188 on 130825. How low will it go in 2025?
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

0.03607918 BEE
3 comments

I've loaded up another 45 Troy oz. of silver over the summer, we're heading to$50/oz. USD not in a straight line of course.
!PIZZA

0.01580494 BEE

It's on a run lately. $63 to get a generic round at silvergoldbull!

0.01580352 BEE

PIZZA!

$PIZZA slices delivered:
@kerrislravenhill(3/10) tipped @darkflame

Come get MOONed!

0.00000000 BEE