Just a regular guy (from ware I am on earth) Imagine yourself floating like a satellite. Zoom out to space looking back at earth I look at what each country is doing, zoom in closer to take a look at what the United States (gov.) continues to do, now zoom in even closer as I watch what my community dose and try my best as am individual to make sense of it all.and hopefuly I am smart enough to position my self on the right side of the market:: Gold and Silver+Research with a dash of inspiration.
I sense an erie calm after the unfortunate events in belguim news has seemed to not be news, something is brewing deep.
Peace is smart for the fate of every living thing on earth.
But I beleive a regional war is in process in the middle east and US civil distraction are imminent as we aproach the election cycle. Don't be surprized if Trump is forced to go into the independent party.
When you think we can not learn from history, but you know you may read about it in the future, why not learn from the past to prepare your future for success rather that the pain of forgetting failure.
If we know in history the gold to silver ratio is 16:1 and we now see that current mining production is 17:1 yet the price is over 70:1 then eventually your suspect to realize that the balance to fair value must take place if we are here @ 70 ounces of Silver to 1 ounce of gold a torpedo to fair value is imminet at current prices US 3/18/2016 from $15.79 Silver Vs Gold $1255.00 Equals just over 79 ounces to purchase just 1 single ounce of gold. fair value with these price @ 16:1 ratio = $78.00 Silver and $1255.00 gold prices @ 2500.00 gold, Silver would be $156.25 measured with the historic 16 to 1 ratio.
This brings us to the silver market, and some numbers that illustrate some unequivocal truths. There are few better sources for numbers on silver than precious metals icon, Eric Sprott. In a recent interview with The Daily Coin , Sprott provided a few interesting numbers.
Silver is mined at an 11:1 ratio to gold. This is raw data. This becomes significant when we look more raw data numbers: the natural occurrence of these two metals in the Earth’s crust. Silver is approximately 17 times as plentiful as gold. Therefore, all things being equal, we should expect silver to be mined at a near-identical ratio of 17:1.
Instead, silver is under-produced by roughly 50%. How? Why?
We know it could not possibly be due to lack of interest or demand. Historically, over a span of thousands of years, the price ratio between silver and gold was a very steady 15:1. This means that (over thousands of years) humanity has exhibited a slight price preference for silver. It occurs at a 17:1 ratio, but people have been willing to pay for it at a slightly higher 15:1 ratio.
This was a trickle and now it appears that free money may be a thing of common goods and services what a test this will be for those who like to work and thoes that do not like to work I learned from my father the power of hard work and that to worry about myself not others, leaning talking and the ones that play games with each other. costing us all time and money. What a challege it will be for us all when they announce free monies to the world the public and your neibors. would you quit your job if you had only your income to expenses sustained. Imagine a conversation with yur friends even the homeless hey get off your but lets go have some fun did you get your check yet "yes" well c'mon then let's enjoy some drinks and hang out everything is paid for This will be our greatst demise as the influx of currency into the local markets will inflate prices byond what 10, 20 even thirty times as much so we will all need to work anyways. GnS Reasearch
I think the latest gimmick to stimulate the economy is pretty much the same thing. It’s one of the most absurd ideas I’ve heard in a while. And that’s saying something, considering the outrageous schemes our economic luminaries have recently come up with, like…
Faking a space alien invasion to help stimulate the economy.
Minting a trillion dollar coin.
Negative interest rates.
Banning physical cash.
Cash for clunkers.
Increasing rounds of money printing, euphemistically called “quantitative easing.”
These ideas would be comical if people in power didn’t actually take them seriously. But they do.
At 1:00 a.m. on Monday, March 6, President Roosevelt issued Proclamation 2039 ordering the suspension of all banking transactions, effective immediately. He had taken the oath of office only thirty-six hours earlier.
Below is a chart from inflation.us, which illustrates this:
The US monetary base basically reflects the amount of US currency issued. Originally, the monetary base is supposed to be backed by gold available at the Treasury or Federal reserve to redeem the said currency issued by the Federal Reserve. The Federal Reserve does not promise to pay the bearer of US currency gold anymore; however, it does not mean that gold (it’s price and quantity held), relative to the monetary base has become irrelevant.
When the US monetary base gets too big relative to the gold price (& US gold reserves), then market forces seek to correct the situation. This has happened a number of times over the last 100 years, but on two occasions, it was so critical, that the situation actually over-corrected. This was during the 30s and the 70s.
It appears, first slowly and now quickly, the world is realizing that Alan Greenspan was right after all[3]: "Gold is a currency. It is still, by all evidence, a premier currency. No fiat currency, including the dollar, can match it."
As Nick Laird exposes,[4] gold prices are running away in the weakest countries first...
It’s a big turnaround for the metal which slid to a five-year low in December as the Federal Reserve readied for its first rate increase in almost a decade.
