Sunday My interest in Gold goes back to the 1976 when I panned in the Putumayo Province of Colombia. It drifted from my mind until around 1980 when I again began to accumulate Gold. Then the price crashed and I lost interest again. In 2006 (2007?) I attended a seminar by Professor Antal E. Fekete in Szombathely, Hungary. It was a startling experience and opened up a … [Read more...]
Gold/Silver Ratio – The Longer View
Friday In times of fiat, i.e. when monetary metals are not in circulation, sensible people obtain Gold and silver for wealth preservation – as a means of transporting their present value into the future. While Gold is the only stable value, the market is aware, at a visceral if not intellectual level, that silver acts as its surrogate. The major difference for why people … [Read more...]
Gold to Silver Ratio – The Longer View
Monday In times of fiat, when the monetary metals are not in circulation, sensible people obtain Gold and silver for wealth preservation – as a means of reliably transporting their present value into the future. While Gold is the only stable value, the market is aware, at a visceral if not intellectual level, that silver acts as its surrogate. The major difference for … [Read more...]