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Re Gold Relative To Silver

Posted by Mr.Copper @ 13:40 on June 21, 2023  

Back in 2001 Gold bottomed at around $250/oz. It ran to a high around 2012-13 era over $1800. Then it bottomed out in 2016 at ($1,060 to $1944 today 83%). In fact, I posted here that it can’t get any lower and up it went.

Gold Postscript Document (mrci.com)

I have a chart of GLD with an overlay of SLV on the latest bottomĀ  ($14-$23 today 64%) of 1/1/16, and they are both up around 50%. But in reality, we can’t buy silver at spot. In that case Silve may have done better than gold since 1/1/16. BTW, Junk Silver coins are ($32/oz from $14 is 128%)

Silver Postscript Document (mrci.com)

Silver Eagles are $38 and up or 170% higher than $14 of 1/1/16

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.