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RE: Which Metal will Lead the Surge, Gold or Silver?
Gold will win. Silver has been demonetized and is mined for industry. If demand for silver will go up, mining will easily match it. The silver reserve is pretty small compared with ability to mine. So silver's price will mostly match its value as a commodity on the free market.
With gold, on the other hand, mining can't be increased so easily and can only be increased by a small percentage of the reserve amount. Any upward pressure thus assures a price increase in gold. In silver, it simply insures a growth in mining.
If you look back at history silver has been used as actual money or currency a lot more than gold has. Gold has been mostly used as a savings vehicle or as a reserve, but silver has always been the true money for thousands of years. Thanks for the reply my friend, cheers.
This is true.
What I think has happened is that technology has usurped silver. With the advent of checking accounts and fast communications starting with the telegraph, gold has been able to be divided into small amounts needed for everyday transactions as everyone's accounts could be quickly updated. So, silver slowly lost its monetary use case to gold. So this reduced the demand for silver back to its industrial commodity price, and the modern ratio between gold and silver reflects this. Gold is still monetized, at least as a store of value, so its price remains high compared to demonetized silver. I wondered for years on the huge ratio of gold and silver in modern times, ad I think this may explain it better than anything else I have come across.
I mean, the modern ratio was really a bee in my bonnet...lolz. I was so desperate I started reaching out to conspiracy theories for explanations. But this at least seems to make some sense.
I think the only chance humanity has of freeing ourselves from these filthy banksters is to go back to a silver coinage that's in our hands. The gold standard or even the bimetallic standard just doesn't work long term because the thieves still control the actual metal, and as they say "He who holds the gold makes the rules". I think the only way we will ever throw off the shackles is if we the people hold the gold and silver in our hands, cheers mate.