Russia's central bank sold 62 tons of gold over ten months, cutting reserves to 72.8 million ounces to cover a doubled 7.3 trillion ruble budget deficit.
Idk but I know the price of gold is way overvalued, it’s 30x what it was in 2001 or so. The gold to silver ratio is the metric used throughout history, and 15 silver to one gold, or 13 by some estimates, is traditional. The ratio now, is 70/1.
Idk but I know the price of gold is way overvalued, it’s 30x what it was in 2001 or so. The gold to silver ratio is the metric used throughout history, and 15 silver to one gold, or 13 by some estimates, is traditional. The ratio now, is 70/1.
2001 hmmm right when the world order started going to shit ?