gold, page-132601

Hi Slange and All,

Correction to earlier post for bank please read bang!

The question I posed yesterday: “ Will China come back to the Gold market with a bank after their break?”

It appears that the Taiwanese dollar has see a decent appreciation of 8% gains on the USA dollar in just two days.

Perhaps Taiwan should follow the mainland China’s parent example and use this windfall increase in their dollar to buy Gold!

SINGAPORE/TAIPEI,May 5 (Reuters) - An unprecedented two-day surge inTaiwan's currency is the latest leg of a scramble out of the U.S. dollarand signal of disquiet in markets as U.S. President Donald Trump's trade warrattles confidence and disrupts trade relationships.

Taiwandollar's record rally is a trade-war tremor | Reuters

The Gold to Silver ratio remains high at 102:1

During Roman times the ratio was fixed at 12:1 In slightly more modern times in the USA coinage act of 1792 the ratio was fixed at 15:1.

I believe at one point during WW11 the ratio peaked at 98:1. One wonders just how long the major players can keep the Silver price under their control?

Talking about ratios in general I do not profess to being an expert but the Copper to Gold and the Oil to Gold ratios could be an early warning sign of market trouble ahead.

Copperto Gold Ratio - Updated Chart | Longtermtrends

Goldto Oil Ratio - Updated Chart | Longtermtrends

One thing for sure with all this indicative information and in the midst of both hot / tariff wars and general financial shenanigans I for one am not thinking about parting with any physical gold anytime soon.

Cheers