gold over $3300 per ounce
>www.kitco.com/charts/gold
Basel III changes gold from a Tier 3 to a Tier 1 asset
the gold-silver ratio is out of whack
higher gold goes, the higher silver goes
yeehaw stacktards…let's ride !!
>they are using gold's strength to push out moar dolalrs
only if they hold physical gold - at least that what the Basel Accords was supposed to do
>not trying to give financial advice, but gold took a leap of $700 since January 1st, 2025
>silver has to follow suit and get more gains OR gold has to lose value to keep the ratio within reason
>perhaps they will simply discontinue the gold-silver ratio like the Fed discontinued M1 https://fred.stlouisfed.org/series/M1