We are a few hours away from the gold and silver price getting a move on, so lets see what was the #goldtosilverratio
As of right now the silver price is $23.72USD while the gold price is $1,980.86 USD giving us a ratio of 1:83.5
I am sure all of my #silvergoldstackers can recognize the pieces in the picture.
But here is a physical representation of what 1:83.5 looks like.
Here I have 42 ozs of silver around half an oz of gold.
My favourite bar is the 10 oz RCM bar.
Also the wolverine 2 oz coin is something truly special
The half oz coin is actually my favourite fractional gold coin.
It has more presence than a 1/4 oz gold coin and of course 1/10th oz.
The capsule it is in is the same size as the 1 oz gold coin so I can easily let them share tubes.
This 1:84 ratio is really high, this is something most metal stackers will tell you.
But the big fear is that the ratio gap gets closed by gold falling instead of silver catching up.
The silver premiums are also really high. Waiting for some epic deals before getting more of the silver metal… hopefully Boxing Day :)