The gold-silver ratio continues to plummet, which adds further credence to this silver breakout and bull market.
Source: Jesse Colombo @TheBubbleBubble
Is gold already too expensive?
Lets compare the current price with various macro and market figures from the previous highs in 1980 and 2011: Source: Incrementum, Ronald-Peter Stoeferle, CMT, CFTe, MSTA
👑 INTERNATIONAL GOLD RESERVES ARE SHARPLY RISING
Global gold reserves rose to ~12% of total international reserves in 2024, the most since the 1990s. The share has DOUBLED over the last decade. Gold has also exceeded Euro as the 2nd most held reserve asset by central banks. Source: Global Markets Investor
Gold is now 44% above its 2011 peak, while silver remains nearly 30% below its level from the same period.
Source: Crescat Capital, Blomberg, Tavi Costa
Gold hits a new all-time high 👇
Source: Barchart
Central Bankers from Mexico, Mongolia, and the Czech Republic say they will buy more Gold to add to their Reserves
Source: Barchart
BREAKING: GOLD NOW MAKES UP A RECORD 31.5% OF RUSSIA'S TOTAL RESERVES.
Source: Make Gold great again on X
The gold / silver ratio is 83.5.
Since 1968, this ratio has spent only 10% of the time above current levels. Sometimes switching to silver didn't work (look at 1990). But in 1995, 2003, 2008 and 2018, switching paid off.
