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silver going 'to the moon' is less important than reentry and splashdown.


seasidestacker

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Hyperinflation: Wiemar, Germany January 1919 to November 1923
[Expressed in German Marks needed to by an oz. of ag. or au.]”

Jan. 1919
Silver 12
Gold 170

May. 1919
Silver 17
Gold 267

Sept. 1919                                                          
Silver 31                                                              
Gold 499

Jan. 1920
Silver 84
Gold 1,340

May 1920                                    ( large pull back a year before the SHTF and the printing press went mental )
Silver 60
Gold 966

Sept. 1921
Silver 80
Gold 2,175

Jan. 1922
Silver 249
Gold 3,976

May. 1922
Silver 375
Gold 6,012

Sept. 1922
Silver 1899
Gold 30,381

Jan. 1923
Silver 23,277  ( One dozen eggs = 500 Reichsmarks )
Gold 372,447 ( a loaf of bread = 700 Reichsmarks )

May. 1923
Silver 44,397
Gold 710,355 ( a loaf of bread = 1200 Reichsmarks )

June 5, 1923
Silver 80,953
Gold 1,295,256

July 3, 1923
Silver 207,239
Gold 3,315,831 ( a loaf of bread = 100,000 Reichsmarks )

Aug. 7, 1923
Silver 4,273,874
Gold 68,382,000

Sept. 4, 1923
Silver 16,839,937  
Gold 269,429,000 ( a loaf of bread = 2,000,000 Reichsmarks )

Oct. 2, 1923
Silver 414,484,000
Gold 6,631,749,000

Oct. 9, 1923
Silver 1,554,309,000
Gold 24,868,950,000

Oct. 16, 1923
Silver 5,319,567,000
Gold 84,969,072,000

Oct. 23, 1923
Silver 7,253,460,000
Gold 1,160,552,662,000

Oct. 30, 1923
Silver 8,419,200,000       ( a dozen eggs = 4,000,000,000 Reichsmarks )
Gold 1,347,070,000,000 ( a loaf of bread = 670,000,000 Reichsmarks )

Nov. 5, 1923
Silver 54,375,000,000
Gold 8,700,000,000,000

Nov. 13, 1923
Silver 108,750,000,000
Gold 17,400,000,000,000

Nov. 30, 1923
Silver 543,750,000,000
Gold 87,000,000,000,000  ( a loaf of bread =  80, 000,000,000 Reichsmarks )

 

the brrrrring printing press led to a new currency (the Rentenmark). The value of the Rentenmark was indexed to the value of gold – though it could not be redeemed in gold because the government had no gold reserves. One Rentenmark was initially valued at one billion ‘old’ Reichsmarks.   

the silver price 'going to the moon' is less important than the value of silver after reentry and splash down. 

 

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WAHH that's scary. 

Im gonna get a shopping list together now I think. 

1: 3 bedroom House to develop & rent out
2: Merc GLS
3: Merc Marco Polo camper van
4: House in the Canaries
5: Commercial property of some sort. 

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28 minutes ago, Stacktastic said:

WAHH that's scary. 

Im gonna get a shopping list together now I think. 

1: 3 bedroom House to develop & rent out
2: Merc GLS
3: Merc Marco Polo camper van
4: House in the Canaries
5: Commercial property of some sort. 

What are you going to buy with the other 95%? 😉 

Decus et tutamen (an ornament and a safeguard)

YouTube - https://www.youtube.com/channel/UC5OjxoCIsDbMgx7MM_l4CmA

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1 hour ago, seasidestacker said:

Jan. 1923
Silver 23,277  ( One dozen eggs = 500 Reichsmarks )
Gold 372,447 ( a loaf of bread = 700 Reichsmarks )

gold to bread ratio 1:531

(gsr 1:16)

 

1 hour ago, seasidestacker said:

Nov. 30, 1923
Silver 543,750,000,000
Gold 87,000,000,000,000  ( a loaf of bread =  80, 000,000,000 Reichsmarks )

gold to bread ratio 1:1088

(gsr 1:160, are these figures correct?)

 

if the bread can be used as consistent with average living expenses then within a

year the purchasing power of gold doubled.

 

HH

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6 minutes ago, Stacktastic said:

maxresdefault.jpg

If shtf  can I have a cabbie on one of those too? 

Central bankers are politicians disguised as economists or bankers. They’re either incompetent or liars. So, either way, you’re never going to get a valid answer.” - Peter Schiff

Sound money is not a guarantee of a free society, but a free society is impossible without sound money. We are currently a society enslaved by debt.
 
If you are a new member and want to know why we stack PMs look at this link https://www.thesilverforum.com/topic/56131-videos-of-significance/#comment-381454
 
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The Weimar Republic, Germany hyperinflation was one of the subject I spent weeks researching a few years back.

One article states: 

....There is no coincidence that the value of gold to silver surged during the Communist takeover of Hamburg on Oct 23, 1923. Germans who were fearful of the 1917 Bolshevik Revolution taking place all over again, were selling their silver for gold so they could easily transport it out of the major cities. However, after the “Communist threat” was finally resolved, the gold-silver ratio fell back to its normal level.

https://www.moneymetals.com/news/2018/07/05/silver-price-rise-next-financial-collapse-001567

Screenshot_2020-08-04-17-35-35-1.png

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1 hour ago, Happypanda88 said:

This article might explain it better. But you are entitled to disagree with the author of the article.

https://seekingalpha.com/article/10885-gold-and-silver-lessons-from-weimar-germany?page=2

If people were suddenly dropping silver out of need to flee, a reasonable explanation in itself, you'd expect price increase to slow or even fall. It doesn't, it keeps exact same rate of increase as gold except for the 10x change. 

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Id be happy with Jan-20 (84 / 1340).
Thats a more realistic gold to silver ratio. ;)

Id probably then sell silver and buy gold ;) 

I often wonder what I could buy in Venezuela right now mind you??
Maybe a 3 bed flat (in a decent area) with a set of silver 10oz queens beasts ;)

Can any of you clever people work it out. I might start planning a holiday to Lebanon next year to hunt for properties. 

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7 minutes ago, Stuntman said:

I'm not a greedy man.  I would settle for two of the women, plus the black Ford Mustang hiding behind them 😉

Oh yes I missed that. To be fair I would prefer the car, they all look a bit cheap if you ask me. 
I will have the bed shop & drive through instead. 

Maybe the brunette on the middle left - green bikini?
Obviously an old photo, very little tattoos, so nice!!!

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14 minutes ago, Stuntman said:

In terms of investment advice, you should always buy Old Masters.  They tend to fetch a much higher price than old mistresses..  😁

hah made me laugh😁

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34 minutes ago, vand said:

what's an extra zero here or there within this context 😲

 

the significance of this is that the gold to bread ratio drops from 1:531 to 1:109(the error figure of 1:1088).

ie gold lost 80% of it's value versus bread.

 

 

HH

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3 hours ago, Happypanda88 said:

This article might explain it better. But you are entitled to disagree with the author of the article.

https://seekingalpha.com/article/10885-gold-and-silver-lessons-from-weimar-germany?page=2

 

it's likely that the article is wrong. ie the gsr was never 1:160, it's most likely a data typo.

notice how the gold to bread ratios drops to 1:135, (previous data)

7 hours ago, seasidestacker said:

Sept. 4, 1923
Silver 16,839,937  
Gold 269,429,000 ( a loaf of bread = 2,000,000 Reichsmarks )

 

before magically rocketing to 1:2000

7 hours ago, seasidestacker said:

Oct. 30, 1923
Silver 8,419,200,000       ( a dozen eggs = 4,000,000,000 Reichsmarks )
Gold 1,347,070,000,000 ( a loaf of bread = 670,000,000 Reichsmarks )

if you say that the gold to bread ratio went to 1:200 then this would be much more realistic.

it looks like seekingalpha is too blinded by bias to consider that bread outperformed both

gold and silver in the hyperinflation period mentioned.

 

HH

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1 hour ago, Stuntman said:

I'm not a greedy man.  I would settle for two of the women, plus the black Ford Mustang hiding behind them 😉

Nooo, bad plan, never run 2 women, trust me. Two many complications; either stick with the one (probably the best plan overall) or if one doesn't cut it, three is probably the best number on many levels. As you get older, one is all you can manage anyway🤔

Profile picture with thanks to Carl Vernon

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