Perhaps someone can explain what the clock is trying to tell us. A ratio is expressed by absolute numbers, not dollars, etc.
The year over year increase in the U.S M2 money supply. Divided by the yearly world production of gold (in ounces). Sources: USGS, Federal Reserve
Perhaps someone can explain what the clock is trying to tell us.
Simple, since the coinage act of 1965 and the closing of the Gold Window in 1971 when the Value of our dollar was pegged to precious metals, Gold was $50 and Silver was $1. The difference you see is what some call Inflation, it used to be defined as Theft of Value.