What a crazy week in the metals world.
Gold has been hitting new all time highs in many different currencies but this week it hit its all time high in US dollars, a historic moment indeed.
If the price can get to $2,100 we can truly say we are in uncharted territory…
Who knows what sort of price discovery we might experience.
As of writing, the price of gold is $2,071.93 USD while silver is sitting on $25.48 USD giving us a ratio of pretty much 1:82
Not sure about my fellow #silvergoldstackers but there are some silver/gold that I will sell first and there are some that I will probably never sell.
My 99999 gold? My perfect condition bars and coins? I will keep those. Along with all my fractional coins.
For silver I want to keep all my Maple Leafs and my 10 oz RCM bars… but all those 999 rounds and random 10 oz bars will be the first to go.
At this point, I have 2.1x more $$ value in my gold compared to silver. I think this is a decent ratio, comes out to around a 1:38 #goldtosilverratio