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$33 silver, $1700 gold...... why?

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Published on Sep 6, 2012

That puts the Gold:Silver ratio at 52:1 right now.
What's causing this? Speculators? Spain's ongoing bank run? The legal liquid drugs I just swallowed? Post your thoughts.... or don't!

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Comments • 45

D Rutter
For many reasons. One of them is that you can't spend Zimbabwean dollars (the currency failed and no longer has even the tiny bit of value it did during their hyperinflation). Expressing real money's (silver's) current price in terms of a currency you can still spend is more useful. Not that the USD will live forever, either, of course.
buyred
Why don't we just price silver in Zimbabwaen currency and become gazillionairs?
Necromanczar
* over 50$ for more than ten minutes
Joe Serrano
Oh yeah,.....the chinese and their own zodiac signs,.....silver piggy porn's AWESOME!!! So it wouldn't surprise me to see my sign of the chinese zodiac,.....the RAT!!! XD
SLVshadow
Nice Canadian 50 cent piece pig there =P 
Au/Ag 999
My comment: fuck LBMA, COMEX, BIS, SDRs, IMF, ESF, JPM, SLV... freedom! ;P 
BLynchCAN
They can't afford the shorts at the moment maybe?
pxwee5
Where did you buy that piggy coin ? Is there a name to that coin?
CAngel57ful
I'm jealous of your cute little pig! 
ytgv3fc7
#lulz
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