• "Spreading the ideas of freedom loving people on matters regarding metals, finance, politics, government and many other topics"

Gold-Silver Ratio 2022 Edition

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667
Interesting Ratio. JM Bullion
1 Oz GAE $1955.00
1 OZ SAE $35.50
Ratio 55/1
My personal calculation. Again my opinion.
GAE $1950.00
SAE $31.00
Ratio 62.9/1
 
Last edited:

Goldbrix

Mother Lode Found
Eagle
Mother Lode
Joined
Apr 4, 2010
Messages
22,028
Reaction score
35,368
Interesting Ratio. JM Bullion
1 Oz GAE $1955.00
1 OZ SAE $35.50
Ratio 55/1
My personal calculation. Again my opinion.
GAE $1950.00
SAE $31.00
Ratio 62.9/1
Remember this "Record" and figures should have begun with the words "Once Upon A Time, In a Land Far, Far Away"....
And your observations prove it BigJim#1-8.
My belief is once the Hunt Bros. got involved with their attempt to control silver pricing .Gov gave COMEX , JPM a blessing to "Run the Market for the sake of the USD.
Not to take all the blame the LBMA and its members - Scotia-Mercotta, Barclays Capital, Deutsche Bank, HSBC, and Societe Generale were brought in to give the scheme an international "Fair Market" appearance.
ALL HAVE BEEN INVOLVED IN MARKET MANIPULATION AND PAID FINES AT ONE TIME OR ANOTHER. SOME MULTIPLE TIMES. ( bfd)

A Little History
The first fixing took place on 12 September 1919 amongst the five principal gold bullion traders and refiners of the day: N M Rothschild & Sons, Mocatta & Goldsmid, Pixley & Abell, Samuel Montagu & Co. and Sharps Wilkins. The gold price then was four pounds 18 shillings and ninepence (GBP 4.9375) per troy ounce. Gold prices are fixed in United States dollars (USD), Pound sterling (GBP) and European Euros (EUR).

On 21 January 1980 the Gold Fixing reached the price of $850, a figure not overtaken until 3 January 2008 when a new record of $865.35 per troy ounce was set in the a.m. Fixing. [1] However, when indexed for inflation, the 1980 high would equate to a price of $2398.21 in 2007 dollars, thus the 1980 record still holds in real terms.

The Fixing historically took place twice daily at the City offices of N M Rothschild & Sons in St Swithin's Lane, but since 5 May 2004 it takes place by telephone. In April 2004 N M Rothschild & Sons announced that it planned to withdraw from gold trading and from the London Gold Fixing. Barclays Bank took its place from 7 June 2004, and the chairmanship of the meeting, formerly held permanently by Rothschilds, now rotates annually.

A tradition of the London Gold Fixing was that participants could raise a small Union Flag on their desk to pause proceedings. Under the telephone fixing system, participants can register a pause by saying the word "flag", and the chair ends the meeting with the phrase "There are no flags, and we're fixed". "As part of this change, it is intended that a web-based commentary of the Fixing will be introduced later this year", the Fixing said in a statement".


 

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667
86.5/1 for the weekend. Hit 88 momentarily Friday... Have a great weekend!
 

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667
87.5/1 Midday, midweek. Au under $1820, Ag under $21
 

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667
Hit 89+/1 Au heading to $1700's, Ag heading to $19's Will we hit 90, 95, 100+ again??
 

Uglytruth

Mother Lode Found
Sr Midas Sup +++
Survivor
Mother Lode
Joined
Apr 6, 2011
Messages
22,001
Reaction score
55,127
Just so we know where we are.

1656606243791.png
 

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667
91.4/1 Friday Am.
 

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667
91.1/1 For the weekend. Have a Fantastic Fourth!!!
 

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667
Just so we know where we are.

View attachment 266068
Yep 90+/1 Trading at these ratios is pretty difficult with the premiums.
With generic Ag going rate @ $24 FRN's & Au Eagles @ $1920 the ratio is still under 80.
SAE's @ $30 FRN"S still have the ratio @ around 64/1.
Again, my calculations.
 
Last edited:

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667
91+/1 to start the week. Interesting to see when the US market opens.
 

savvydon

Platinum Bling
Site Supporter ++
Platinum Bling
Joined
Dec 14, 2010
Messages
4,513
Reaction score
5,679
91+/1 to start the week. Interesting to see when the US market opens.
We are opening now and everything is getting pulverized other than the dollar. Precious metal ratios continue to distort. Silver is approaching 92 and the gold to plat ratio is 2.09. Those ugly white metals sure are getting cheap...
 

Goldbrix

Mother Lode Found
Eagle
Mother Lode
Joined
Apr 4, 2010
Messages
22,028
Reaction score
35,368
COMEX CLOSED @ 91.85 / 1.
 

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667
Paper Au & Ag, 90.3/1 For the weekend. Have a great one.
 

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667
90.6/1 to start the week.
 

Barrettone

Silver Member
Silver Miner
Site Supporter
Joined
Mar 31, 2010
Messages
369
Reaction score
768
Location
Michigan

Silvergun

Silver Member
Silver Miner
Joined
Jul 26, 2011
Messages
1,300
Reaction score
2,341
Location
Commie-fornia
Anyone getting rid of their gold and going all silver with such a lopsided ratio?
 

Barrettone

Silver Member
Silver Miner
Site Supporter
Joined
Mar 31, 2010
Messages
369
Reaction score
768
Location
Michigan
Anyone getting rid of their gold and going all silver with such a lopsided ratio?

I wouldn't say ALL of it, but with it this far out of whack, I wouldn't mind trading up to 10 oz out just to get some of what I consider to be "cheap silver". I gave up 8 oz in my trade, but my gosh, I've NEVER seen 90/1+ in my time stacking. I think I'd be kicking myself it I didn't swap some at todays ratio!!!
 

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667
90.5/1 Midweek.
 

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667
92.6/1 with Au heading into the $1600's & Ag in the mid $18.00 range. UGLY.

 

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667

Goldbrix

Mother Lode Found
Eagle
Mother Lode
Joined
Apr 4, 2010
Messages
22,028
Reaction score
35,368
Friday Comex Close: 91.25 / 1
 

Rusty Shackelford

Midas Member
Midas Member
Midas Supporter
Joined
Apr 1, 2010
Messages
6,989
Reaction score
6,332
Location
Northern most Southern State
I wouldn't say ALL of it, but with it this far out of whack, I wouldn't mind trading up to 10 oz out just to get some of what I consider to be "cheap silver". I gave up 8 oz in my trade, but my gosh, I've NEVER seen 90/1+ in my time stacking. I think I'd be kicking myself it I didn't swap some at todays ratio!!!
It was over 110/1 during the height of pandemic.
 

Uglytruth

Mother Lode Found
Sr Midas Sup +++
Survivor
Mother Lode
Joined
Apr 6, 2011
Messages
22,001
Reaction score
55,127

Goldbrix

Mother Lode Found
Eagle
Mother Lode
Joined
Apr 4, 2010
Messages
22,028
Reaction score
35,368

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667

Barrettone

Silver Member
Silver Miner
Site Supporter
Joined
Mar 31, 2010
Messages
369
Reaction score
768
Location
Michigan
I believe it hit 120/1 for a very short time.

We'll I didn't start stacking again until this past November. I was on hiatus since I cashed out in 2016.
 

Goldbrix

Mother Lode Found
Eagle
Mother Lode
Joined
Apr 4, 2010
Messages
22,028
Reaction score
35,368

Traded the Gold to Silver Ratio - Here is What Happened - (Informative for newbies)​

"With the Gold to Silver ratio at 91:1, the trade favors silver. Are you thinking of trading gold for silver? If you are, there are a few things to consider. I'll tell you how it's gone for me over the years" :
 

Goldbrix

Mother Lode Found
Eagle
Mother Lode
Joined
Apr 4, 2010
Messages
22,028
Reaction score
35,368
"HUMP DAY" COMEX CLOSE : 90.84 / 1
 

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667
Last edited:

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667
92.3/'1 Midday, Midweek.
 

Goldbrix

Mother Lode Found
Eagle
Mother Lode
Joined
Apr 4, 2010
Messages
22,028
Reaction score
35,368
COMEX CLOSE: 90.68 / 1
Silver is rebounding. Probably due to the She Whale's 50 million dollar American Silver and Gold Coin buys. Her 23 million buy in Ag is more potent than her 27 million dollar buy in gold. IMO
 
Last edited:

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667
87.7/1 as of this post.
 

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667
86.88/1 For the weekend. Quite a change. Last weekend, 92.8/1.
 
Last edited:

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667
88.1/1 Midday, midweek.
 

Uglytruth

Mother Lode Found
Sr Midas Sup +++
Survivor
Mother Lode
Joined
Apr 6, 2011
Messages
22,001
Reaction score
55,127
Big Jim you wear that Hall of Fame banner well!:2 thumbs up:
 

BigJim#1-8

Platinum Bling
Midas Supporter
Survivor
GIM Hall Of Fame
Joined
Mar 31, 2010
Messages
6,304
Reaction score
26,667
89.2/1 For the weekend.