Do you think the price of gold will ever reach down to 1100-1300 USD?

Did you not see...not?

 

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OK China's population will level off, but it will take another couple of decades

 

By then I’ll be about 100...or not
.

 

They've passed the Lewis Point, where the supply of labor now declines.

That's what is important, not total population.

 

Back to the OP...Back in the day, the ratio of silver to gold value was 15 to 1, then for a long while it was 16 to 1. 16 ounces of silver was equal in value to one ounce of gold. These days, the ratio is about 67 to 1. Maybe it's not gold that is overvalued, maybe it's silver that is UNDERvalued. And looking at how silver went up in 2020, maybe silver is going to be what takes off...just a thought...

 

that's silly and you know it.

 

That was based on the Silver Spike into early-1980......for most of the post-War period, the ratio was closer to 35:1.

 

Even if it did go down to 1300, the general public would not know it until the majority of the funds would have already made their contract and options buys. They always seem to have a week or more of activity time within the group that sets the market levels before the public "sees it"" IMO, Jim

 

People have been pushing that theory for years, 2020 should actually be the biggest indicator that silver is actually overvalued if anything. People were rushing into metals out of panic vastly overselling the stock market and even then silver couldn't crack $30

If there was ever a time it should have mimicked 2011ish it was then and it barely got to half of those levels.

It's just simply never going to be a very expensive metal relatively speaking

 

The gold market trades 24/7, Jim. It is a globally traded commodity.

 

Wild assertion that somehow there's a secret market like that.

 

The only thing you can look at is the past numbers but thats not always the best indicator, anybody got a crystal ball...LOL

 

Then is Silver out pereforming gold at this point?

 

Heard mentality is often wrong.

 

The price of gold will certainly be influenced by the political, financial, and economic decisions of the present administration; probably a catalyst for a price increase as a result in a decline of the US dollar via the reckless continued printing of the US dollar and wildly deficient spending. Don't worry about buying any gold, with the tax hikes looming ahead for us middle class folks, we won't have any money to buy gold anyway.

 

So are the spelling skills of the average American.

 

Yeah when the 1%er say so

 

Not if people are sitting on there ass and not working. We need factories

 

Gold at $1680 this morning. A slight increase in Treasury rates over the past few weeks has pulled the rug out.

 

On the contrary, the Little Guy has a HUGE ADVANTAGE over the big institutions in both stock trading AND PM buying and selling.

Any investor on this sight can easily unload a couple of hundred ounces of gold or thousands of ounces of silver in 1 day.

An institution with tons of gold or millions of ounces of silver will need weeks or months to unload it.