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Thread: Gold Silver Ratio Discussion Group

  1. #61

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    5/14/2021

    Today’s numbers, based on the Kitco charts:

    Gold @ $1,838.2 / silver @ $27.44 = about 67 spot GSR

    Gold Eagle @ 2,007.2 / Silver Eagle @ $36.33 = About 55 retail GSR

  2. #62
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    Quote Originally Posted by SilverPalm View Post
    5/14/2021

    Today’s numbers, based on the Kitco charts:

    Gold @ $1,838.2 / silver @ $27.44 = about 67 spot GSR

    Gold Eagle @ 2,007.2 / Silver Eagle @ $36.33 = About 55 retail GSR
    I was just on Kitco's site getting the prices in Canadian dollars. Crikey!

    Gold Maple - $2,395.12
    AGE - $2,467.51

    Silver Maple - Out of stock
    ASE - $44.26
    Tube of ASE's - $998.27

    The AISCosts are high in other currencies, other than U$D.
    ...be your own Health Care System... grow your own and eat well

  3. #63

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    Quote Originally Posted by SilverPalm View Post
    5/14/2021

    Today’s numbers, based on the Kitco charts:

    Gold @ $1,838.2 / silver @ $27.44 = about 67 spot GSR

    Gold Eagle @ 2,007.2 / Silver Eagle @ $36.33 = About 55 retail GSR
    Note sure any of these numbers really work, because you're selling one thing (where you get little to no premium) and buying another (with a large premium). May you need to calculate for the direction you're going. That is, if selling silver for gold, what is the silver sell price and what is the gold buy price. These will be different based on what exactly you're buying and selling. I do look at the spot ratio to get a feel for where the ratio is. But these premiums are higher than I've ever experienced, so the trade is not as good as it appears.

  4. #64

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    Spot price is out the window IMO and reflects the paper price
    This is why I took numbers from an online retail seller. Prices that have the premiums included,
    and I used a 24K pure gold Buffalo divided by a .999 pure silver American eagle.

    Granted there is one ounce of pure gold in the AGE coin, but the price is consistently less than the Buffalo.

    Thanks for your Opinion on the reduction of Ag in my holdings SilverPalm. Since then there was a post
    about banks no longer giving businesses coins for change. I will still consider selling or trading should the opportunity present itself.
    As I feel the ratio is tolerable at these levels of insanity.
    Last edited by vertical1; 05-15-2021 at 07:48 AM.
    Thomas Jefferson is credited with writing, “When injustice becomes law, resistance becomes duty.” The seceding states in the Civil War period issued a similar declaration using the word “tyranny” as opposed to “injustice.”

  5. #65

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    5/17/21
    Spot - $1,865.30/$28.13 = 66.3
    Eagles - $2,035.6/$37.43 = 54.4

  6. #66

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    Whoa thanks SilverPalm....that was a bit of a bounce
    Thomas Jefferson is credited with writing, “When injustice becomes law, resistance becomes duty.” The seceding states in the Civil War period issued a similar declaration using the word “tyranny” as opposed to “injustice.”

  7. #67

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    It might be interesting to watch the progression over time. It might be interesting to see if the retail numbers follow the spot numbers or diverge from them. The spot ratio is currently about 20% different from my average buy period. It's about half of it's peak from march of last year. That is a noteworthy difference. Not every daily move will be a head turner.

  8. #68

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    5/19/21 noonish

    gold $1,884/silver $27.9 = 67.5 spot ratio
    Eagles $2,054/$38 = 54 retail ratio

  9. #69

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    Something about raising margins....

  10. #70

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    Quote Originally Posted by SilverPalm View Post
    5/19/21 noonish

    gold $1,884/silver $27.9 = 67.5 spot ratio
    Eagles $2,054/$38 = 54 retail ratio
    Doesn’t that make the AGE premium about a 9% premium
    and the ASE premium about a 24% premium
    wow...

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