The Phaserl


Still Worried About The Gold & Silver Smash – Just Read This

from KingWorldNews:

“Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves”

We have already discussed the crucial importance of the stock-to-flow ratio in our previous reports. Simply put, the ratio means that in the case of gold and silver – as opposed to other commodities – there is a major discrepancy between annual production and the total available supply (= high stock-to-flow ratio). As we stated last year, we believe that the permanently high stock-to-flow ratio represents one of gold’s (and silver’s) most important characteristics. The total amount of gold amounts to approximately 177,000 tons. This is the stock….

Ronald-Peter Stoferle Continues @

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