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Silver And Gasoline Ratio Points To $10-$11 Bottom

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Author Previous TopicReplies: 20 / Views: 4,118Next Topic Page 2 of 2
Pillar of the Community
United States
1119 Posts
 Posted 12/07/2015  4:54 pm  Show Profile   Bookmark this reply Add Steele to your friends list
$2.339 here
Pillar of the Community
United States
7390 Posts
 Posted 12/07/2015  4:58 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
$2.69.... stupid California!
Pillar of the Community
United States
1911 Posts
 Posted 12/07/2015  5:01 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list
I am with Steele... what is a brontosaurus now? Lol, and I wish that ratio was still around. $1.89 x 4.5 = $8.51/oz silver would be nice!
New Member
United States
36 Posts
 Posted 12/08/2015  08:10 am  Show Profile   Bookmark this reply Add grinx76 to your friends list
they renamed it to Apatosaurus, then decided that Apato and Bronto were different
Edited by grinx76
12/08/2015 08:59 am
Pillar of the Community
United States
7390 Posts
 Posted 12/08/2015  08:48 am  Show Profile   Bookmark this reply Add Cascade to your friends list
And Bob Bakker is still fummimg over it lol
Edited by Cascade
12/08/2015 08:49 am
New Member
United States
1 Posts
 Posted 01/23/2016  10:02 pm  Show Profile   Bookmark this reply Add bri to your friends list
With a few of exceptions, a 90% silver quarter has always been able to buy around a gallon of gas. Below is a graph I made that shows the last 50 years with data through 2014. Today, a silver quarter is worth about $2.54, and the national average for gas today is $1.83 (from AAA), so the price ratio between gas and silver does seem a little off lately.

Silver-And-Gasoline-Ratio-Points-To-$10-$11-Bottom
Bedrock of the Community
Australia
21788 Posts
 Posted 01/23/2016  10:55 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list
One thing is for sure:
Almost all commodity prices are lower, just now.

Another thing is for sure:
Expect a World cyclical price upturn. I can't predict exactly when that will happen, but it WILL happen.
Pillar of the Community
United States
4333 Posts
 Posted 01/24/2016  03:22 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list
I thought a Brontosaurus was now Texas tea - crude, that is.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Pillar of the Community
United States
5838 Posts
 Posted 01/25/2016  05:37 am  Show Profile   Bookmark this reply Add macmercury to your friends list
Gas here is cheap compare to other areas. $1.55 average.
Valued Member
United States
51 Posts
 Posted 01/25/2016  11:46 am  Show Profile   Bookmark this reply Add TTcoins to your friends list
Gas in Virginia is a mere $1.80 / gal. A silver quarter currently will purchase well over a gallon, and I'm not too sure that the price of oil isn't being manipulated to be driven especially low. Former Texas oil boomtowns are going ghost as the cost of operation exceeds the profit of production. It's a double-edged sword, this lowering of oil prices. Soon, the barrels they ship oil in will be worth more than the oil itself!
Pillar of the Community
United States
4333 Posts
 Posted 01/25/2016  5:53 pm  Show Profile   Bookmark this reply Add fistfulladirt to your friends list

Quote:
Gas in Virginia is a mere $1.80 / gal. A silver quarter currently will purchase well over a gallon
You have gas stations in Virginia that will accept a silver coin for gas payment?
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Pillar of the Community
United States
1192 Posts
 Posted 01/25/2016  6:09 pm  Show Profile   Bookmark this reply Add Bertensgrad to your friends list
It could be said that gas and oil right now is artificially low right now due to a weak OPEC. Everyone is selling when usually they would cut production. Wheter it's to drive some modes of oil production out is a fair guess. Either way oil is doing its own weird thing right now.
Pillar of the Community
United States
3843 Posts
 Posted 01/25/2016  6:34 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list
I fear that $30 a barrel gasoline is only a short-term mirage and will be going up shortly when the infighting in OPEC ceases. The Saudi's desire to corner the market (increase production) in cheap oil to hurt their rivals (Iran) has been a blessing for middle class families in this country. Not sure how much longer this can last since the Saudi's are running a huge budget deficit due to cheap oil.
Pillar of the Community
United States
1119 Posts
 Posted 01/25/2016  9:46 pm  Show Profile   Bookmark this reply Add Steele to your friends list

Quote:
You have gas stations in Virginia that will accept a silver coin for gas payment?


it seems to be an Oregon only thing.

http://www.blog.providentmetals.com...-payment.htm
Valued Member
Australia
491 Posts
 Posted 01/26/2016  12:13 am  Show Profile   Bookmark this reply Add kg5 to your friends list
Your US gallons are short somewhat!

Your gallons here costs AU$4.40

If it was a real gallon it would cost AU$5.25

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