The gold to silver ratio is only 76:1 with paper gold and silver. Once you start adding premiums and vat for countries like the UK it falls dramatically
I did a post a couple of weeks ago on GSR to show what the actual ratio was for buying physical.
Awesome post! I love when non stacking friends ask why I get silver instead of saving for some gold and I try to explain the ratio to them 😂 It's true though, now' the time to buy silver!
Yeah me too. Then i tell them that this specific commodity comes out of the ground at only a 9 to 1 ratio and then they are truly stumped why their is such a price difference
The gold to silver ratio is only 76:1 with paper gold and silver. Once you start adding premiums and vat for countries like the UK it falls dramatically
I did a post a couple of weeks ago on GSR to show what the actual ratio was for buying physical.
https://steemit.com/bullion/@dune69/what-is-the-actual-gold-to-silver-ratio-gsr-in-the-uk-75-1
Great post. Lets do this for all countries in the world - then post the ratios
I think probably the USA would be closes to the paper ratio as their premiums are near zero and there is no vat yet
Awesome post! I love when non stacking friends ask why I get silver instead of saving for some gold and I try to explain the ratio to them 😂 It's true though, now' the time to buy silver!
Yeah me too. Then i tell them that this specific commodity comes out of the ground at only a 9 to 1 ratio and then they are truly stumped why their is such a price difference
And when one considers how much is consumed for all the various uses of silver the ratio gets even more baffling!