The gold and silver prices are fairly stable, especially the ratio. Today we are sitting at $24.63 for silver while gold is sitting at $1925.30 giving us a ratio of around 1:78
Here I have showing off 1/10oz of gold and around 7.8 oz’s of silver to represent what this ratio of 1:78 looks like.
I really wanted a gold version of that 1x100 grams silver but ouff it is really expensive, its just over 3.2 ounces and no, there is no discount because it is 3.2 ounces. I can buy three 1 oz gold coins and two 1/10 oz gold coins for less than the 3.2 oz bar lol
I have a feeling that 5 years from now we can see an over $5,000 gold price, silver remains a mystery to me and hard to predict.
I am basing my predictions on world conditions and how India and Russia have been looking at gold recently.
What are your metals predictions and tell me how you come up with those predictions.