TL;DR —
Silver to Gold ratio peaked at the highest point in recorded history this week at 126:1. Bitcoin, Gold and the US Dollar have shown strength at the same time late into the week. ABN-AMRO closed all ‘physical’ Gold accounts of clients April 1. It is a remarkable event to have occurred in our lifetimes, 5000 years in the making after the Pharoah Menes set a ratio of 2.5 : 1 around 3000 B.C. The ratio blew out to 75 : 1 in 1932 from the long-term average.
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@mine-digital
Technical Writer on HackerNoon.
Topics and
tags
tags
cryptocurrency|cryptocurrency-investment|crypto|investment|bitcoin|money|gold|cryptocurrency-top-story
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