Page 14 of 25 FirstFirst ... 489101112131415161718192024 ... LastLast
Results 131 to 140 of 245

Thread: Gold Silver Ratio Discussion Group

  1. #131

    Default

    Quote Originally Posted by SilverPalm View Post
    At today's retail prices, I am likely to be a seller of silver in small portions & a buyer of gold in small portions. Spot prices do not sway me at this time. I no longer see them as relevant. Today I was offered spot + $6 for ASE. We will see what tomorrow brings. I do not have a firm feeling about which way prices are going next.
    I agree... the carpet doesn't match the drapes.
    "Compulsory altruism is none too altruistic." - me

    "All of us necessarily hold many casual opinions that are ludicrously wrong simply because life is far too short for us to think through even a small fraction of the topics that we come across." -- Julian Simon

  2. #132

    Default

    7/26/2021 A little after lunch time, east coast US

    Gold spot $1,800 / Silver spot $25.25 = 71.3
    AGE $1,925 / ASE $34.5 = 55.8

    Availability once again seems good, but premiums remain elevated

  3. #133

    Default

    8/3/21 3:30ish east coast time
    AU spot $1,811 / AG spot $25.6 = 70-3/4 spot GSR
    AGE $1,937 / ASE $35 = 55-1/3 retail GSR

    just for a little more perspective -
    Silver Buffalo rounds - $30.2
    Krug - $32.5
    Leaf - $32.2

    American gold Buffalo - $1,971
    Krugerand - $1,897
    Leaf $1,912
    Last edited by SilverPalm; 08-03-2021 at 02:34 PM.

  4. #134

    Default

    Since gold & silver just took a fairly noticeable hit, now seems like a good time to check back in on the ratios.

    Gold $1,729 / Silver $23.5 = 73.5 GSR spot
    AGE $1,820 / ASE $(673/20=33.65) = 54 eagle GSR

  5. #135

    Default

    Gold $1,780 / Silver $23.25 = 76.5 spot GSR
    AGE $1,871 / ASE $31.9 = 58.6 retail GSR

    The silver premiums are shrinking.

  6. #136

    Default

    Quote Originally Posted by SilverPalm View Post
    Gold $1,780 / Silver $23.25 = 76.5 spot GSR
    AGE $1,871 / ASE $31.9 = 58.6 retail GSR

    The silver premiums are shrinking.
    This is a good thing.
    "Compulsory altruism is none too altruistic." - me

    "All of us necessarily hold many casual opinions that are ludicrously wrong simply because life is far too short for us to think through even a small fraction of the topics that we come across." -- Julian Simon

  7. #137

    Default

    Quote Originally Posted by windweaver77 View Post
    This is a good thing.
    I'm not so sure. If we want our silver to command unmanipulated values via a true/accurate marketplace, the financial silver markets will have to lose their power to dictate real prices. Spot price ought to closely reflect actual hands exchanging actual metal, but for now the added premiums will have to suffice until that happens.

    So, are the financial marketplaces weakening (a good thing), or are silver bullion buyers weakening (bad)?

  8. #138

    Default

    Here is an example of someone claiming that silver is loosing its status as a monetary metal & not tracking gold like it did - https://www.kitco.com/news/2021-08-3...bo-Tiggre.html

    They seem to be using spot price as the benchmark & ignoring the premiums. ...then they go off into the sham of "gold backed" crypto.

  9. #139

    Default

    Gold spot $1,814 / Silver spot $23.9 = 75.9 GSR
    AGE $1,938 / ASE $32.9 = 58.9 retail GSR

    ASE premium $9
    AGE premium $124 (mint first, because others not available)

  10. #140

    Default

    Geeze, even junk is up. $2,192/$100 face. That's 100/1.4 = 71.4 ozt, so $2,192/71.4 = $30.7/ozt ...for junk That's roughly a $7 premium.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •