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Gold/Silver Ratio

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kiy   Sunday, 08/28/16 08:52:10 PM
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Gold/Silver Ratio
https://www.streetwisereports.com/pub/na/a-zombie-financial-system-black-swans-and-a-gold-share-correction

Ratio of the number of ounces of silver it takes to buy one ounce of gold.

Since anyone with any "cents" is holding some physical gold or silver or both, if the ratio goes above 80-1 you should sell your gold and buy silver. That ratio dropped to below 66-1 in late July, early August before heading higher. As I write, the ratio has climbed to about 71-1. That is an important sign of stress in the financial system. If it goes above 80-1 the system will be on the verge of an implosion.

We have flocks of black swans circling and no one knows which will land first.
The world's financial system died in mid-September of 2008. Since then it has become something out of Night of the Living Dead, in other words, a zombie. Central banks around the world came up with an interesting new concept that you could somehow borrow and spend your way to prosperity. Great concept but it seems to have failed utterly.
We have a zombie financial system now and the world owes more than at any point in history. Most governments are functionally bankrupt yet they want to borrow and spend more in the hopes that if it didn't work before, maybe it will somehow work if they do more of it. Our grandchildren and their children are going to be paying for this monumental stupidity.



Gold/Silver Ratio 23 Aug. 2016

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