X22 Spotlight How the New Gold Backed Financial System May Replace The Old Or Run Parallel π€
π Letβs Talk About Gold π
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 theyβll accept. Also some good info on US gold and gold reserves vs. what has been told by the Cabal.
1 to 1 ratio. Silver at 5 to 6 thousand.
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.