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<p>[QUOTE="medoraman, post: 4714351, member: 26302"]Lol. My father in law just sold his 14 baht necklace to cash in on the gold price. 14 baht is just shy of 7 ounces. Put that on a tiny man and it looks the same.</p><p><br /></p><p>Back to silver. I just brought up gold jewelry to put in context why the GSR has skewed horribly in the past few decades. Westerners valued both, which is why the GSR remained about where actual rarity is, about 16 to 1. Put a ton of demand on ONLY gold, it will skew this. However, what will change this? The only scenarios I see is either somehow these cultures start increasing tremendously their purchases of silver, (unlikely), or you have a slowdown in this part of the world and westerners start buying pm. A slowdown would do 2 things, lower gold demand and lower copper demand, which would lower silver production.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 4714351, member: 26302"]Lol. My father in law just sold his 14 baht necklace to cash in on the gold price. 14 baht is just shy of 7 ounces. Put that on a tiny man and it looks the same. Back to silver. I just brought up gold jewelry to put in context why the GSR has skewed horribly in the past few decades. Westerners valued both, which is why the GSR remained about where actual rarity is, about 16 to 1. Put a ton of demand on ONLY gold, it will skew this. However, what will change this? The only scenarios I see is either somehow these cultures start increasing tremendously their purchases of silver, (unlikely), or you have a slowdown in this part of the world and westerners start buying pm. A slowdown would do 2 things, lower gold demand and lower copper demand, which would lower silver production.[/QUOTE]
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