Funny how the price of gold and silver just stops for weekends and holidays. Feels weird for someone used to the 24/7 nature of crypto.
Gold ended the year at $1,829.34 while Silver ended the year at $23.30
This gives us a ratio of around 75.5 oz of silver for 1 oz of gold.
This is what 75 oz of silver looks like compared to 1 oz of silver
It will be interesting what the prices and the ratio will be Jan 1st 2023.
Gold and silver did not have a good year when it comes to prices. Literally everything is up in price. From gas, bread, corn, to kitty litter, wood and anything else you can think of. But gold and silver have been suppressed. It feels like 2022 will be the year that the manipulation in precious metals will be weakened and we will see big price movements to the upside.
There is some news in China that I have to look into before posting about, apparently taxes on everything will be skyrocketing for them but taxes on precious metals will be removed/lowered. I will look into this in the next couple of days and will post what I find out :)
