Quoted By:
Silver and gold exist in the earth at a ratio of about 1:15. Its mined at about 1:25.
Yet the GSR, Gold to Silver Ratio, is at 1:65. It WAS over 1:100. So we play the ratio. Buy silver, and when the ratio corrects trade your silver for gold.
The US Debt Clock image I posted shows the dollars in circulation vs the amount of silver available - mined and refined. Notice in 1913 when Gold was $28/ozt it followed the scarcity of the metal itself. Just a couple decades later the US confiscated gold and gave folks the "going market rate" for it - $20/ozt. Once the government got their hands on all the gold they could they revalued gold up to $35/ozt.
The Fed effectively bought everyone's gold for 1/4 of its actual value.
Now, the unmanipulated price - if it was priced according to scarcity against the dollar, is over $34,000/ozt. The dollar has been devalued into a joke. That means it takes more dollars to buy commodities. That means the price of commodities goes up. Like, say, gold and silver.