X22 Spotlight How the New Gold Backed Financial System May Replace The Old Or Run Parallel 🤔
🌎 Let’s Talk About Gold 🏅
Interesting X22 Spotlight with theories on how the future gold, fiat, and or crypto may or may not all run in parallel. And depends on what country you come from and what currencies they’ll accept. Also some good info on US gold and gold reserves vs. what has been told by the Cabal.
The silver to gold ratio when it is mined from the ground is 8 to 1.
Every ounce of gold they mine, they get 8 ounces of silver.
The price of silver should be based on this ratio, based on the production rate.
Gold sits at $1965 / ounce today, so silver should be 1/8 that price, $245 / ounce.
Silver is harder and more expensive to extract from ore so perhaps the silver price should be slightly higher than the 8 to 1 price.
Now if gold should shoot up to $5000 per ounce, that would give us $625 per ounce. I can see that being a possibility.
$5000 silver? I don't think so.
Silver is needed in industry and is in short supply, I heard. But it tarnishes, whereas gold keeps its value so those are factors. But certainly silver will go up in price substantially.
Which is the reason why it is claimed that silver price is artificially suppressed. Gold doesn't have nearly as many industrial uses while so much modern technology depends on silver. Also it's estimated that the whole green nonsense is also impossible because there likely is not enough silver on Earth to begin with to meet their crazy goals.
Silver and Gold prices are absolutely manipulated. As well as virtually every other asset in the World.
If you ever looked at the US Debt Clock before they removed the modern Gold and Silver prices they used to show Gold’s price in the tens of thousands of dollars and Silver in the thousands for a long time. They removed it maybe in the last 12-18 months cause they didn’t want people to realize precious metals are some of the most undervalued assets in the World and their prices are heavily suppressed. Silver absolutely could go to the equivalent of $5000 an ounce.
If silver went to $5000 an ounce, a new TV or a new computer could cost you $5000 -$10,000. Do you think they would allow that to happen?
If silver went to $5000 an ounce, they would stop using silver in computers, cars and solar panels etc.
It’s the best electrical/thermal conductor, but not the only one.
We’ll have to settle for good enough.
The gold and silver prices on the debt clock were based on the ration of the m2 money supply. When that stopped going up, it became a divide by zero error.