surferonice

The Gold to Oil Ratio Does Matter

that is why silver and gold are the only money the constitution allows to be distributed by the states to its people.When economies collapse gold rises and falls depending on the demand for money which is gold and silver.The recap of the metals in paper is determined by the free market. When Roosevelt capped the price he destroyed the economy. Course most don't want to agree to that since most rich people own all the gold anyway and are largely not known. The fear of not knowing where real money is hiding is what starts wars. Not paper games.Tradeing food for oil works as long as gold is used to determine value by its wieght to energy.Sorry but that is reality.Do not let your leaders take your gold.Or you will not be able to pay their wages nor anyone else's


On Dec 30 09:19 PM R Jensen wrote:

> "The silver (SLV) to oil ratio is not nearly as extreme as gold to
> oil but silver will most likely follow gold, either up or down, at
> a faster rate of change."
>
> Interestingly, back in 1964, a gallon of gas was around a quarter
> (of a US dollar).
>
> If you have a 1964 quarter, you can still buy roughly a gallon of
> gas with it. That's because quarters previous to 1965 are 90% silver.

Soaring Silver, Stalling Gold

800 million silver oz's versus 100 million gold oz's produced per year and going down possibly soon.That to me is an 8-1 ratio. Currantly an 80 to one ration exists. If you believe that gold will crash to 100 an oz or so then I suppose you could believe Oil in the ground is infinite. If you believe that your government does not lie to you daily you could believe that your logical mathematical commonsense makes no difference eventually.
We shall see who can add and subtract eventually.