Its funny how the gold and silver price took a long weekend because of Easter. Coming from the crypto space this is just too funny for me. Crypto prices move 24/7 no time off, meanwhile gold and silver are taking the long weekend off lol I guess thats the perks of being money for thousands of years, you deserve some time off lol ![1E44F13A51AF4663BE5CF001EDCA7C17.jpeg](https://i.imgur.com/ecNA37v.jpg) At the time of writing gold price is $1974.03 and silver price is $25.66 giving us a 1:77 gold to silver ratio. ![3A8B575DEB39423EB1762DCFB90E58C6.jpeg](https://i.imgur.com/TFA8BCD.jpg) Here I have 1 oz of gold, and 77 ozβs of silver. 1 Chinese panda, 1 silver Canadian mapleβ¦ oh I just realized lol this is 72 ozs in the picture haha (fail) and 7 times 10 oz bars. Oh well, you still kinda get the the point, just imagine another 5 more silver coins there lol. I was very bullish for gold and silver when the Russia stuff started, but prices have settled down a bit. Pretty sure we will hover around this range for a while then might even crash downβ¦ Makes no sense for everything to go up except these precious metals but I just have a weird feeling the prices will collapse sometime this year which will give us a nice opportunity to stack up a lot. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@ssjsasha/the-gold-to-silver-ratio-april-16th-2022)
author | ssjsasha |
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Thanks again for the G/S ratio report, Staker Stacker - @ssjsasha. Some PM dealers are saying Silver, out of the ground, is now 7:1, compared to 11:1, in the old days, for centuries. And saying that Silver is the least expensive commodity, out there. Yes, those Royal Canadian Mint, Ten Ouncers, are getting harder to find and obtain. APMEX is taking pre-orders, for almost, $360(USD), with about, a month delivery wait. The LCS had these beauties, for $285, not long ago. Happy Easter, everyone.
author | cve3 |
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> but I just have a weird feeling the prices will collapse sometime this year which will give us a nice opportunity to stack up a lot. I hope too as well with the price to settle down in other to stack up which will be more profitable
author | emeka4 |
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I think it is a good one that this precious metals are quite stable and less volatile. Little wonder people choose them as a proper hedge. If it ever dips, that would be a good buying opportunity Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jersteemit/re-ssjsasha-3redtf)
author | jersteemit |
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It gets interesting when some Retailers are now publishing their Buying prices, then we can be based on the gold/silver ratio on the difference of the selling and buying price factored in. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@kerrislravenhill/re-ssjsasha-99jrd)
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About crises in Russia, all things have witnessed a decline, even digital currencies, so patience is required for precious metals. it may have a decline when the period of falling currency prices ends.
author | menox98 |
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The price of precious metals could dip. That's surely a buying opportunity to stack up. This is just my opinion, I would buy more silver. I think it has more scope to catch up ! Posted using [LeoFinance Mobile](https://leofinance.io)
author | olympicdragon |
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You received an upvote of 100% from Precious the Silver Mermaid! Thank you for contributing more great content to the #SilverGoldStackers tag. You have created a Precious Gem! https://images.hive.blog/DQmT7RQqkpjXrjR43HZgPkPghGxUYDHPu7A68diYnmgbB64/round_gem.png
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At times I get confused which one is my favourite between the gold and silver
author | temileke |
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I like to buy Canadian silver leaf. I have a feeling it will drop in this summer, It is the best chance to collect it so it is recommended to buy more silver metal of my opinion
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