08Apr 2018

Reserve Bank of India Bans Bank Interactions with Cryptocurrencies

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India requiring finger print/retina IDs to buy food.

PBOC advocates negative interest rates as a working tool.

Tariff posturing between the U.S. and China increase.

Impact of the Gold Backed Yuan- Dollar up- Gold Down.

China’s Anbang Gets a $9.7 Billion Bailout.

Cryptos volatile.

Gold and Silver Unchanged.

Bank of Japan Buy $7.8 Billion in ETFs in MARCH

U.S. Mint sales baffling compared to global gold demand.

Gold Backed Beer

New! 1oz Silver Bullion Cryptocurrency Rounds .999 Fine!

Litecoin silver coin frontBitcoin silver coin frontEthereum silver coin front
Litecoin Silver Rounds
Bitcoin Silver Rounds
Ethereum Rounds
Monero Silver Rounds
ZCash Silver Rounds
Ripple Silver Rounds
NEO Silver Rounds



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Gold and silver.

https://twitter.com/Smaulgld/status/977162978595364864
https://twitter.com/Smaulgld/status/970681369436282880
https://twitter.com/Smaulgld/status/981520138162798592
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https://twitter.com/Smaulgld/status/982962342848860160

Gold closed last week at $1325.20 an ounce and closed this week at $1333.10 %

Silver closed last week at $16.35 an ounce and closed this week at $16.35 +0%

The gold and silver ratio ended the week at 81.32:1

one month gold silver ratio april 6 2018

There is no “historic” gold silver ratio that must be regained.

The gold silver ratio was dramatically impacted from 1934-1974 because the price of gold was SET at $35 by the Gold act of 1934. Even so the gold silver ratio averaged about 40-1 from 1915-1971.
They mine ten times more gold than platinum. How come platinum is not 10x the price of gold? because relative rarity is NOT the sole determinate of price.

A gold silver ratio of 16-1 was set as a political accommodation in the 18th century in order to establish a bi-metallic standard, it wasn’t market driven.

the history of gold and silver as monetary metals during the periods is also a major factor as are including but not limited to:
bimetallic standard history 1792+
gold rush 1849-1856 impact and the sinking of the S.S. Central America in 1857
Democratic silver platform/free silver movement 1896
Pitman Act 1918 and other pro silver mining industry measures
gold in US coinage removal 1933
Gold act of 1934 setting price at $35
silver in US coinage removal 1965
gold standard abandonment 1971
reintroduction of legalized US gold holding 1974
Hunt brothers impact on silver
changing silver industrial use from photography to electronics
central bank gold holding vs no central bank silver holdings
Rise of Indian and Chinese gold and silver demand

My view on gold and silver is aside from sharing some monetary history, they are enough dissimilar that make meaningful comparisons non instructive and perhaps odious.

Gold and silver are not the same metals, they have different properties and different uses. Relative rarity is not the only determinate in arrive at price.

Silver is a spike and dive metal.

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Moronica this week


Smaulgld’s Moronica This Week Theme – by Marc Battaglia

Watch the Video Commentary to “Moronica This Week – April 6, 2018”

Smaulgld’s Moronica This Week – March 24, 2018

Mueller and Rosenstein
https://twitter.com/Smaulgld/status/981351842515910656
https://twitter.com/Smaulgld/status/982170684641107968
https://twitter.com/Smaulgld/status/982233771704442883


https://twitter.com/Smaulgld/status/982976188967735296

The Budget

Dollar Collapse!
https://twitter.com/Smaulgld/status/981224780014804997
https://twitter.com/Smaulgld/status/981553380710670336

Tariffs
https://twitter.com/chigrl/status/980539241066369025
https://twitter.com/Smaulgld/status/981177676982611968
https://twitter.com/Smaulgld/status/981455919761551360
https://twitter.com/Smaulgld/status/981455611551535105


https://twitter.com/Smaulgld/status/981503662806700032
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https://twitter.com/Smaulgld/status/982261466135838720


https://twitter.com/Smaulgld/status/982280458904809472
https://twitter.com/Smaulgld/status/982274279252279308

Mid Terms

https://twitter.com/Smaulgld/status/981908823047798785
https://twitter.com/Smaulgld/status/981912102230200327

GOLD BACKED YUAN!
Yuan denominated oil futures contract launches on March 26, 2018
Since then Dollar up Gold down
Yuan to Dollar
3/26 6.27
4/8/ 6.30
Gold Price
3/26 $1352.40
4/7/18 $1337.3

https://twitter.com/Smaulgld/status/982193692503982080

China’s Vision of Peace and Harmony Through Trade and Sound Money and GOLD!

https://twitter.com/Smaulgld/status/980607369615945728
https://twitter.com/Smaulgld/status/981179945195130881
https://twitter.com/Smaulgld/status/981227602609410048
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https://twitter.com/Smaulgld/status/981544835248197632
https://twitter.com/Smaulgld/status/981558571321249792

Venezuela
https://twitter.com/Smaulgld/status/981198018992099328

Cryptocurrencies

BERBL Dominance

https://twitter.com/Smaulgld/status/983088231402139649

Litecoin is Life
https://twitter.com/Smaulgld/status/981509422336888832
https://twitter.com/Smaulgld/status/981557872873103366

Bitcoin


https://twitter.com/Smaulgld/status/980561473343836160
https://twitter.com/Smaulgld/status/980836409639620610
https://twitter.com/Smaulgld/status/981569410979827712
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https://twitter.com/Smaulgld/status/982371021746556928
https://twitter.com/Smaulgld/status/982371596911472642
https://twitter.com/Blockchainlife/status/982338226898853888
https://twitter.com/Smaulgld/status/982396855882539009

Central Banks and Bitcoin
https://twitter.com/Smaulgld/status/981919534079709185
https://twitter.com/Smaulgld/status/981929180005851136
https://twitter.com/Smaulgld/status/982618030122373121

Central Banks and Ethereum

https://twitter.com/Smaulgld/status/981557735094411266

Bitcoin and Too Big To Fail Banks

Crypto Regulation
https://twitter.com/Smaulgld/status/982951553249234945

Gold
https://twitter.com/Smaulgld/status/980792867978399745
https://twitter.com/Smaulgld/status/981173830558330880
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https://twitter.com/Smaulgld/status/982616336227553281
https://twitter.com/Smaulgld/status/982622181208350721

Silver

Cashless Society
https://twitter.com/Smaulgld/status/982788565116571648
https://twitter.com/Smaulgld/status/982886995977494528

Bitcoinpumper.com

Litecoinpumper.com

Goldpumper.com
or Gold Derangement Syndrome
https://twitter.com/Smaulgld/status/982048383543271424
https://twitter.com/Smaulgld/status/981902928431734787

Silverpumper.com
https://twitter.com/Smaulgld/status/981163389593575424
https://twitter.com/Smaulgld/status/982959571202379776
https://twitter.com/Smaulgld/status/982959077532856320
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https://twitter.com/Smaulgld/status/982958421166182400
https://twitter.com/Smaulgld/status/982959698818330626

https://twitter.com/Smaulgld/status/982960083817631744
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https://twitter.com/Smaulgld/status/982957973810155520
https://twitter.com/Smaulgld/status/982995722831310848

Smuggled Gold

Found Gold!

Central Banks

https://twitter.com/Smaulgld/status/981544784962650117
https://twitter.com/Smaulgld/status/982062755862728704

US Mint Sales
Non existant

US Economy
https://twitter.com/Smaulgld/status/982234825225519104

You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:

Golden Eagle Coins
SD Bullion
Money Metals Exchange

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Compare American Silver Eagles for sale at:

Golden Eagle Coins
SD Bullion
Money Metals Exchange

Donate To Smaulgld.com via paypal

You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:

Golden Eagle Coins
SD Bullion
Money Metals Exchange

Check out ATB mintages

Compare American Silver Eagles for sale at:

Golden Eagle Coins
SD Bullion
Money Metals Exchange

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