Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🤯 The Mind-Blowing Value of Gold and Silver vs. Oil
Transcript
- 0:00And if you figure right now we have about 100 to 1 gold to
- 0:03silver ratio. Takes 100 ounces of silver to
- 0:06get one ounce of gold, that would mean that you would need
- 0:0932,000 ounces of silver. That's only 64 monster boxes.
- 0:16You know what a monster box is, right?
- 0:18That's about this big. This big holds 500 American
- 0:22silver eagles. You take 64, just 64, right?
- 0:26Stack them 6 high in a row, 10 long.
- 0:28Imagine that it's center ice that buys all the oil.
- 0:33What does that tell us about the value of silver, about the value
- 0:37of gold? It's mind numbing.
- 0:39It's mind numbing the value. One person full of gold or right
- 0:44a little stack, probably this long, maybe this high of
- 0:50American silver Eagles can buy 17,000 barrels of oil and you're
- 0:56going to tell me this stuff isn't?
- 0:58Is it valuable?