Dear Hivers,
Today I show you a shiny silver dragon tower which reflects it's more expensive gold dragon brother.
The gold to silver ratio is something investors look at. Did you know that once in China the price of silver and gold was almost the same?
When international traders - like the Dutch - discovered thsi it was soon over and the price of gold since then was higher than silver.
There is less gold than silver.
Now the ratio is 1800 : 26 or 69 : 1 (69 to 1)
So when lookimg at spot price for every gold coin you buy you can buy 69 silver coins.
The picture below shows 20 silver coins and 1 gold coin.
It is the rectangular dragon made by the Perth Mint. A real looker for a price of a regualr bullion coin, meaning not a high premium.
Do yo see how clean silver and gold shines ?
For sale in all major oinline sivler companies!
enjoy
Goldrooster