36%. That is how much the gold price has moved up since we last mentioned Basel III.
The American Eagle Coin Program is arguably the most notable and revered series of precious metals pieces offered by the United States Mint today.
Since last week Gold is down 2.8% to $1,788, Silver is flat at $27.21 and climbing, Platinum is up 6/10% to $1,259, and Palladium is up 2% to $2,407.
For the last 100 years, each time this ratio has reached a high point, gold has moved higher.
From this time last year, Gold is up 17%, Silver is up 54%, Platinum is up 29%, and Palladium is up 1.4%.
There is an ongoing battle between those who desire to control gold and silver and those who desire to own it.
Silver being the main beneficiary, up 9% for the week to $27.05. Gold was up 1/2% to $1849, Platinum was up 4% to $1,110, and Palladium was down 2% to $2,298.
For the week, Gold is down 1% to 1840, Silver is down 3% to 24.87, Platinum is down 4% to 1072, and Palladium is down 3% to 2353.
With the Gold Reserve Act of 1934, it became illegal for the public to own many forms of gold.
Metals continue to recover this week, with Gold up 4/10% to $1867, Silver up 1% to $25.74, Platinum up 3.2% to $1114. Palladium was down 4/10% to $2426.