Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

S W
Member since May 2012
668 commentaries - 5 followers

5 followers

has posted a comment on the article :

What should the gold/silver ratio be? - Steve Saville - Speculative Investor

"Gold is money and everything else is credit" JPM
Silver of course has also been used as money, but is not as good as gold due to a less stable stock to flow ratio.
Given that the amount of gold that has ever been mined is still is in existence, gold should be used as the denominator to value all other goods, silver included.
I think that looking at a gold /silver ratio is basically pointless.

Commented 2550 days ago

Send

Beginning of the headline :The price of gold is dominated by investment demand* to such an extent that nothing else matters as far as its price performance is concerned. Investment demand is also the most important driver of silver’s price trend, although in silver’s case industrial demand is also a factor to be reckoned with. In addition, changes in mine supply have some effect on the silver market, because unlike the situation in the gold market the annual supply of newly-mined silver is not trivial relative to the exis... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis