Loading ...For those who’ve already paid the price of admission to a hard money base (premiums).
… take a look at these two interactive 100 year charts.
The shifts in momentum are glacial (relative to our lifespan) and extremely few people have the patience. Life changing opportunities could be right in front of us.
Also, consider (chart) the time spent under the money supply curve which doesn’t even reflect silver’s outperformance in the spikes above it.
Worse case – suppose the USD and other world currency’s just ‘disappear’ in a global reset – how much in goods and services could they be exchanged for. That blip in the early 70’s could well be equivalent of the 00’s run up, just a pre-curser of what’s to come. I know, preaching to the choir but as FGC would say SHEESH!!
Nice chart illustrating that gold will preserve one’s wealth. It’s not for trading, it won’t make one rich ( unless one is compared to those who didn’t buy gold and thus their wealth became devalued).
Thanks ISarmina, agree that gold isn’t for trading at least the core position (not used to operate in a fiat system), but with the GSR at extremes, a well considered exchange for silver can grow the stack without fiat. Normally doing an exchange at an LCS isn’t going to be worth it due to the premium gaps however if one can sell some gold into the secondary market and buy silver (again 2ndary, sometimes retail), an exchange can be obtained pretty close to the spot ratio. Before the recent run-up, trades resulted in effective GSR’s of 89 and 91 (for slightly impaired ASE’s). Not suggesting being all-in one metal or the other, just ready when the opportunity arises.