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Gold/XAU Ratio is INFINITY

HankFHankF Posts: 11
in Precious Metals
On Kitco tonight. What exactly does this mean?

Hank.

Comments

  • derrybderryb Posts: 36,793 ✭✭✭✭✭
    exact link?

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • HankFHankF Posts: 11
    Kitco Main Page

    Look at lower right portion of page.
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Interesting but probably listed as such since there's no value until the market reopens. They should just use the previous close of 225.
    If XAU were really zero, we'd already be in Mad Max beyond Thunderdome.

    Ignore it. The real ratio is around 6.7

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • derrybderryb Posts: 36,793 ✭✭✭✭✭
    Do I need to lock and load?

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

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