Often young and old stackers of precious metal ask...Just how much Silver should I have in relation to Gold? Mr. Ron Currie of The Perth Mint, publishes the gold and silver sales, month by month on the official Perth Mint Blog. http://www.perthmintbullion.com/au/blog/blog/13-07-11/Monthly_Sales_-_June_2013.aspx What I've done is....calculate the silver to gold ratio in ounces for each month from Perth's published figures for the period July 2012 - June 2013. It seems...those stackers who buy Perth Bullion, stack ten ounces of silver for every ounce of gold. DYODD
This is staggering! Where is all this gold and silver bullion going to? Bank vaults? Hmmm just the place where the government can take them back whenever they want. Just thinking..
July and August figures added to the chart. For more details...see Mr. Ron Currie's post on The Perth Mints Bullion Blog. http://www.perthmintbullion.com/au/blog/blog/13-09-10/Monthly_Sales_-_August_2013.aspx August 2013 sales were: Gold (Au): 30,430.10 Silver (Ag): 691,258.63