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Taking a break from silver week to bring you the Gold:Silver Ratio Jan 10th 2022

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@ssjsasha
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With all the instability in the world, one thing that has been stable is the gold to silver ratio.

As of writing, Gold is at $1,794.93 while silver is sitting at $22.40.

Both down a bit from their weekend price halts.

This gives us an almost exact 80 silver to 1 gold ratio.

What does this look like?

Here I have 1 oz Canadian Maple Leaf gold coin with eight 10 oz Royal Canadian Mint silver bars

If you are a Canadian, sitting on cash… maybe one day that cash will.be worthless. Maybe not, but other countries won’t care about your Canadian plastic paper. But, everyone understands gold and silver. I can take that gold coin to not only Canada but to almost every single country and people will understand its value.

I will never forget that time I was buying bitcoin at $200 from a convenience store and the Indian clerk was talking shit saying bitcoin is a falling knife and that gold is real money. Well, sure, right… bitcoin outperformed his life of working but now I can surpass his gold holdings with my crypto profits. Goes to show that gold and silver are not investments, they supplement your cash savings. Sure maybe one day the world might go back to a precious metals backed monetary system. Which is why I want to have some skin in the game if ever the USD standard gets reverted back to gold.

Posted Using LeoFinance Beta