Bitcoin Forum
August 08, 2020, 03:21:24 AM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: James Turk: I知 Expecting A 30 To 1 Gold To Silver Ratio Down The Road  (Read 40 times)
allthingsluxury
Legendary
*
Offline Offline

Activity: 1540
Merit: 1029



View Profile WWW
July 06, 2018, 01:39:54 PM
#1


With Russia recently dumping 50% of their U.S. treasuries - and for the record it wasn't a real significant volume, however, the gesture was huge - Russia also recently ask their Russian companies to move out of the SWIFT system and into their alternative payment system that is tied directly to the Chinese alternative to the SWIFT system.

Would you say Russia is really the canary in the coal mine for some type of change in the global monetary system and is this part of the overall nonstop attacks by western corporate media against Russia?



Click here to watch this video and to read more:

https://jamesturkblog.blogspot.com/2018/07/james-turk-im-expecting-30-to-1-gold-to.html


1596856884
Hero Member
*
Offline Offline

Posts: 1596856884

View Profile Personal Message (Offline)

Ignore
1596856884
Reply with quote  #2

1596856884
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1596856884
Hero Member
*
Offline Offline

Posts: 1596856884

View Profile Personal Message (Offline)

Ignore
1596856884
Reply with quote  #2

1596856884
Report to moderator
1596856884
Hero Member
*
Offline Offline

Posts: 1596856884

View Profile Personal Message (Offline)

Ignore
1596856884
Reply with quote  #2

1596856884
Report to moderator
1596856884
Hero Member
*
Offline Offline

Posts: 1596856884

View Profile Personal Message (Offline)

Ignore
1596856884
Reply with quote  #2

1596856884
Report to moderator
timerland
Hero Member
*****
Offline Offline

Activity: 1260
Merit: 587

CryptoTalk.Org - Get Paid for every Post!


View Profile
July 06, 2018, 11:18:52 PM
#2

Well, I think that it is extremely realistic.

Considering the fact that for most of history, the gold/silver ratio was actually around 12-16, and right now that figure is more in the vicinity of 80-100, it's safe to say that some kind of adjustment to this ratio downwards will be coming soon.

That's a primary reason why I'm bullish on silver, much more so than gold. Both of them are still good store of values in the long run, though. That's a given. I'd always hold at least some silver and bitcoin as a long term hedge in my portfolio.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!