Early Market Update and a Look at the Gold/Silver Ratio.

in #market8 years ago


In this report I cover the early market action from London on Thursday, July 19th, 2018. I look briefly at the precious metals, the stock market, the dollar, the oil price and the bond market.

I also look at the technical picture for the gold/silver ratio. I note that at the present level of 80 the ratio is very near an extreme level. At present it takes 80 ounces of silver to buy 1 ounce of gold and this level has been synonymous with bottoms in the general precious metals market.

To conclude my report I talk about the political importance of an honest or sound money system based on gold and silver and how human and economic freedom cannot exist without it. I refer to essays written by the late congressman Howard Buffet and the former chairman of the Federal Reserve Alan Greenspan.

"Gold and Economic Freedom" by Alan Greenspan: https://www.cobdencentre.org/2010/12/alan-greenspan-gold-and-economic-freedom/

"Human Freedom Rest on Gold Redeemable Money" by Howard Buffet: https://www.fgmr.com/wp-content/uploads/2017/02/Howard-Buffett-explains-sound-money-4-May-1948.pdf


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Great video, I totally agree with you, thanks mike

This is great especially when it comes to the idea of economic freedom . Citizens in countries with economic freedom are earning higher salaries, revenues and salaries thus it's an engine that drives to success and prosperity worldwide.

i am agree with your opinion. I love your work. Your blog is perfect and I support your success always for you. really very good explantation skills.because this tropic you explain doing very perfectly.i am attracted your important video.because its alltime perfect and original..thank you for your great post..sir.. @maneco64

Gold prices are gone down its great to buy and hold for price rise

Ohh really a great news for me because i wanna buy good in low price and sell it when price is up.

This means Gold is 80x higher than Silver! Gold is really valuable metal! Great report @maneco64! Thank you!

This is the really great informative post..
I think your post is lot of better better.. without a dout you are a creative person..I always visit your blog and l always causes to pleasure to visit your blog..
Congratulations for all your achievement and continue your success..

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