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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (153969)	3/5/2020 11:16:58 PM
From: Follies	1 Recommendation Recommended By Pogeu Mahone Read Replies (2) \| Respond to of 217518

The gold/oil ratio is at an all time (100year) high of 36. One ounce of gold buys you 36 barrels of oil. This should make mining very profitable. It has only been near this level twice, in the 1930s and a spike around 1971. This is a sharp rise from 2007 when the ratio was 8, an ounce of gold only got you 8 barrels of oil, a four banger in 13 years. The gold/silver ratio is also at a longer term high of 92, only exceeded at the start of WWII and the late 1980s. 92 ounces of silver for one ounce of gold. For two thousand years that average has been 20 to 30. The fact the both of these ratios are at extreme highs tells me there are severe cracks in the entire financial system. We may start to see some major dislocations, default on sovereign debt, bank runs, confiscations (remember Cypress?). There is too much paper money, billionaires and trillionaires and only so much physical gold. If Biden gets elected who will run the government? And Epstein didn’t kill himself.