gold
Gold spot
—USD / oz
Same print as the header tape.
GoldSilverHQ
silver
Silver spot
—USD / oz
Same feed as gold.
GSR
Gold–silver ratio
—oz Ag / oz Au
How many ounces of silver equal one of gold at this print.
Gold mined this year
About 3.8 troy ounces each second. Full-year estimate 119,214,934 ounces (3,708 t 2026e), spread evenly through the year. Estimate — not a live mine feed.—ounces
est. 2026: 119,214,934 ounces
Silver mined this year
About 26.8 troy ounces each second. Full-year estimate 844,100,000 ounces (844.1 million ounces 2026F), spread evenly through the year. Estimate — not a live mine feed.—ounces
est. 2026: 844,100,000 ounces
Mining ratio
Silver mined per ounce of gold at the 2026e/2026F pace. Not the price ratio.7.1ounces Ag / ounces Au
Mine supply is ounces leaving the ground — not a stock tip. Start with the mining vs market ratio, open Stocks & flows on the desk, or the markets hub.
Official
World official gold
35,908t
Country books + IMF + ECB, one year-end vintage.
Silver
Visible silver / a year of industry
18.3months
Identifiable bullion ÷ 2025 fabrication.
Open with
A crisis, a definition, a turning point
Four doors into the rest of the site.
1923
Weimar hyperinflation
War finance, the Ruhr occupation, a mark that ceased to work — then a new temporary currency (the Rentenmark) that restored a usable unit.
1971
Nixon closes the gold window
The last official promise to redeem dollars in gold for foreign governments. After that, exchange rates floated without a gold peg (fiat = money by law, not metal redeemability).
1720
John Law and the Mississippi Bubble
Notes without a trusted stop. Paris believed him — until it did not.
The idea
What is sound money?
A unit whose supply cannot be expanded at will. The dated stories live under History.
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