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


To: TobagoJack who wrote (155236)3/25/2020 12:25:59 PM
From: sense  Read Replies (1) | Respond to of 220215
 
Private investors typically buy gold bars of 1 kilogram or less, far smaller than those traded between banks. The dearth of supply is most impacting the lower range of the market.

So, all you have to do is go a little bigger ?





The standard gold bar held as gold reserves by central banks and traded among bullion dealers is the 400-troy-ounce (12.4-kilogram; 438.9-ounce) Good Delivery gold bar.



Good Delivery silver bar weighing 31.1 kilograms (1,000 ozt)

All those critics claiming you can't use gold or silver to get a coke ? Just drill a hole in it... slide a handle in there... and that coke machine is toast.



To: TobagoJack who wrote (155236)3/25/2020 12:41:44 PM
From: sense  Read Replies (1) | Respond to of 220215
 
Interesting wrinkle in the silver trade today...

It's still making the daily trip step wise in deflating the gold-silver ratio, but today doing that with the largest percentage move, -4.89% (now -3.80% when I take the screen shot) and the smallest price move... because silver is up only $0.19 or 1.31% while gold is down double that at -2.6%. So, silver is worth much more in gold terms today, with its biggest % daily move on the ratio chart...

Unfortunately... my USLV doesn't reflect that "but it's worth a lot more gold today" figure in a way that's actually useful to me. At $41.04 USLV is bumping into S2... which likely explains the "pause" in the pace today. Not on the chart: ATR has just dropped down to 5.5 from over 6...






To: TobagoJack who wrote (155236)3/25/2020 1:06:13 PM
From: ggersh  Respond to of 220215
 
Local pawn shops might work