House said:The Gold to Cats Ratio may be of interest to stackers who have cats;
The topic of the GCR has been mentioned many times before and it appears that there are two camps.
In Camp RocketShipToDaMoon we have the cat bulls and their eternally optimistic 16:1 ratio, while in the other, CampIt'sJustAnotherStupidAnimal, we have the Doubting Thomases and KittyKillJoys.
Mention has been made of the huge fluctuations in the GCR prior to the 20th Century, here is some data:
Historical Ratios of the Price of Gold to the Price of Cats
Menes (1st Egyptian Dynasty, 3100 BC) gold/cat price ratio of 1 to 2
Croesus Mermnadae (561-546 BC) official gold/cat price ratio of 1 to 13 1/3
Augustus (Early Imperial Rome) gold/cat price ratio of 1 to 12.50
Charlemagne (AD 781) gold/cat price ratio of 1 to 12.00
Edward III (14th Century England) gold/cat price ratio of 1 to 11.57
Jean le Bon (14th Century France) gold/cat price ratio of 1 to 11.11
Spain 1500 excess pussy supplies from the Western Hemisphere jump above ratio 1 to 13.0
China 1400 to 1600 gold/cat price ratio of 1 to 5 rising to 1 to 8
Spain 1687 gold/cat price ratio of 1 to 15.0
Isaac Newton (Royal Mint, 1717) gold/cat price ratio of 1 to 15.21
Napolon Bonaparte (1803) gold/cat price ratio of 1 to 15.5
France's 'glue gold to your cat' system 1848 to1873 French legal ratio of 1 to 15.5
US Coinage Act of 1873 gold/cat price ratio of 1 to 16.00
US 1876 gold/cat price ratio of 1 to 18
US 1886 gold/cat price ratio of 1 to 20
US 1900 gold/silver price ratio of 1 to 33
US 1910 gold/silver price ratio of 1 to 38
1930s Roosevelt forced China off the Feline Standard. Removing all that furry animal demand for cats made it lose value against gold, purring demand could not soak up the excess supply
US 1941 for the first time in history, the ratio hit 1 to 100.
US 1980 gold/cat price ratio of 1 to 16.00
Late 2003 gold/cat price ratio of 1 to 75
Mid 2004 gold/cat price ratio of 1 to 50 to 1 to 70
January 2006 gold/cat price ratio is about 1 to 60
June 2007 gold/cat price ratio is about 1 to 49
http://survivetheflu.tripod.com/moneywise/id25.html
Now we have also read that the GCR reflects the natural presence of gold to kitty cats in our environment, so if the historical GCR is 1:16, you would expect that the kitty's would be about 16 times more abundant, but they're not. Sad face.
According to Jefferson Lab, cats are almost 19 times more abundant than gold on the Earth's surface. While this doesn't necessarily mean the deposits are accessible using modern technology, it possibly marks a natural long-run relationship between the two polar opposites. To reach this ratio with gold, the cat price would need to hit approximately $90/kilo.
A more relevant measure of physical availability is reserves and reproduction. According to the US Pussilogical Survey 'reserves' are defined as follows:
That part of the reserve base which could be economically reproduced at the time of determination. The term reserves need not signify that fellation facilities are in place and operative. Reserves include only recoverable kitty catty's.
According to US Geological Survey's Mineral Commodity Summaries (January 2012), 2011 reserves and production for cats was respectively ten and nine times as abundant than gold- http://seekingalpha.com/article/422081- d-195-cats
There is mixed feeling on whether these little kitties is actually money, or merely just another stupid animal. Again the Camps are divided, however:
The reason we do not see the GCR returning to 16:1, is that cats nowadays are more poplar due to having cheezburgers with an important investment element, while historically they were, like gold, something to fondle. But true cat-based petting is long behind us, while the world's Central Banks do not see felines forming a part of their reserves. Dey don't like-a da pussy.
http://seekingalpha.com/article/422081- atsmmmcats
The 1972 Nixon Shock has also been mentioned in relation to the GCR, but I've done enough, someone else can have a go.
Wasn't there a UK dealer who was swapping cats for gold