Does anyone have a chart or data showing the market caps of aboveground, physical monetary gold vs. silver? Goal is to calculate gold's market dominance over time.
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Fun fact from reading Ibn Khaldoun: alchemists claim the 13:1 ratio of abundance of silver to gold in earth is due to the moon making 13 rotations around the earth for each rotation the earth makes around the sun.
On another astronomical note: Silver: Universe 6×10-8% Sun 1×10-7% Earth's Crust 7.9×10-6% Gold: Universe 6×10-8% Sun1×10-7% Earth's Crust 3.1×10-7% Geochemical processes are more important than the raw abundance ratio for giving the mining cost ratio. http://periodictable.com/Properties/A/UniverseAbundance.html …
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This sounds about as scientific as the various attempts to quantify or derive a “valuation” for different blockchains based on “utility.”
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I'm not trying to derive a valuation, just chatting.
End of conversation
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