Silver Price Watch

[Silver Soul]

Have you ever seen silver gap-up?

 

[alor]

 

[Silver Soul]

Bloody hell I do know how to read a chart. That doesn't answer my question! Have you ever seen silver gap-up?

 

[Silver Soul]

Gap-up means a pump in SP for how long who knows? But the gap will close over time always.

 

[pmbug]

 

[alor]

There are just a few times, silver priced gap up.
But for 4 metals prices to gap up together. It seldom happened. May be once or twice in the last 30 years.
Much less often than the index etf gap up, index etf is less likely to be manipulated, but volume can be an issue at times.

 

[alor]

It seems that gap had been patched up on my chart so no coming back to cover it. Its outside the moons orbit now.

 

[ozcopper]

 

[Sandy Gooch]

Four dollar move might see a two dollar correction like two dollar moves drop back a dollar but going sideways at 39 or 40 is still good going. Or....war....

 

[shinymetal]

For 300oz to get you "many lands and pleasures, and loyal knights and debt slaves, even $1000 dollar silver wouldn't cut it, even at 10k is only 3 million, that's hardly many lands and debt slaves. L

 

[SKULL]

For 300oz to get you "many lands and pleasures, and loyal knights and debt slaves, even $1000 dollar silver wouldn't cut it, even at 10k is only 3 million, that's hardly many lands and debt slaves. L

If ur talking Medieval Times ( Barons, Knights, Plebs ) 300oz - 1000oz would make u very well off

 

[Administrator]

View: https://x.com/GoldSwitzerland/status/1963522882287669423

 

[Administrator]

View: https://x.com/baldguymoney/status/1963633014241468543

 

[Silver Soul]

16:1 is its true value

 

[alor]

Gold to Silver Ratio - 100 Year Historical Chart

This interactive chart tracks the current and historical ratio of gold prices to silver prices. Historical data goes back to 1915.

www.macrotrends.net

 

[Silver Soul]

That chart is the market value on paper 16:1 is the true value

 

[Silver Soul]

It seems that gap had been patched up on my chart so no coming back to cover it. Its outside the moons orbit now.

Nope, the gap-up will get filled.

 

[alor]

Ancient Civilizations & Early History

• Ancient Greece and Rome:
  The ratio was relatively low, often ranging between 10:1 and 12:1, as governments sometimes fixed it for monetary stability.
  
  
• Medieval Period:
  The ratio fluctuated, falling to 9.4:1 in 1350 before rising back to 12:1 in the 1450s.
  

The Era of Government Coinage

• U.S. Coinage Act of 1792: The ratio was fixed at 15:1, a reflection of market conditions and supply.
  
  
• Mid-19th Century: The ratio rose as high as 16:1 in the U.S. after the Coinage Act of 1834.

 

[Silver Soul]

16:1 will come.

 

[STKR]

Ancient Civilizations & Early History

• Ancient Greece and Rome:
  The ratio was relatively low, often ranging between 10:1 and 12:1, as governments sometimes fixed it for monetary stability.
  
  
• Medieval Period:
  The ratio fluctuated, falling to 9.4:1 in 1350 before rising back to 12:1 in the 1450s.

The Era of Government Coinage

• U.S. Coinage Act of 1792: The ratio was fixed at 15:1, a reflection of market conditions and supply.
  
  
• Mid-19th Century: The ratio rose as high as 16:1 in the U.S. after the Coinage Act of 1834.

It's said the natural ratio is 17:1 but the mining ratio is 7:1. I'm not sure what the mining ratio + scrap metal supply ratio is - probably 10:1 or somewhere in that area.