1. Weds am and metals are quiet after recent gains
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  2. Good Weds Morning! We have Gold down 1.6 to 1211, while Silver is down 2 to 1712. Crude is off 72 to 5254. The USD is up 34 to 100.66 after recent losses.
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  3. Week of 1/7/2017 Closing prices & Chg Over Last Wk---- Gold $1173.40-- UP 21.70 Silver $16.52-- UP 54 Oil $53.99 -- UP 27 TICS USD $102.21 -- DOWN 7 Based on near term futures contract--- At JMB Current price AGE 2017 $1243.95 (1), SAE $19.53 (20)
  4. Added Heartland Precious Metals out of OK and LA to the map, Added Texas Precious Metals, and Added Provident Metals.

Daily GSR - Gold/Silver/Ratio Thread

Discussion in 'PM Trading/Stocks/Technical Analysis' started by jogslvr, Mar 4, 2011.



  1. Gcubed

    Gcubed Banned

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    Ask Cousin 'Dial about his wagering track record with yours truly. :cool:
     
  2. Zed

    Zed Size doesn't count! Midas Member

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    Why? :bear_unsure:
     
  3. andial

    andial Sir Midas Member Site Supporter

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    Where are we at with that bet? You win if it goes to 51 and i win if it goes to 71?
     
  4. Gcubed

    Gcubed Banned

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    Yes Sir. That is correct.
     
  5. bulloncoins

    bulloncoins Silver Member Silver Miner

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    Higher prices for metals.

    Higher ratio too....Silver seems to be lagging....
     
  6. Tinbox

    Tinbox YOU GET NOTHING! YOU LOSE, GOOD DAY SIR! Gold Chaser Site Supporter

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    If Andial hadn't of made that bet I might actually be worried that we'd see 71 :p

    Current GSR: 64.4
     
  7. Gcubed

    Gcubed Banned

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    He really twisted my arm to get that. I originally wanted 71 vs. him taking 51. I went ahead with it out of a guilt feeling about winning our previous bets. We shall see. ;)
     
  8. Chester-Copperpot

    Chester-Copperpot Gold Member Gold Chaser Site Supporter

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    Does anyone think it will ever get close to being 30:1?
     
  9. Gcubed

    Gcubed Banned

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    How much time ya got? :rolleyes:
     
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  10. andial

    andial Sir Midas Member Site Supporter

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    ........
    No.
     
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  11. Chester-Copperpot

    Chester-Copperpot Gold Member Gold Chaser Site Supporter

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  12. Gcubed

    Gcubed Banned

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    C.C. Joe


    Come Home!!!











    :cool1:
     
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  13. Chester-Copperpot

    Chester-Copperpot Gold Member Gold Chaser Site Supporter

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    Suppose life could be worse. I could be heavily invested in copper bullion. :bear_blink:
     
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  14. Irons

    Irons Deep Sixed Site Supporter Mother Lode

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    Secure storage only stars use? That's gotta be safe man, the world is running out of copper.

    China, India's wedding season. Cell phones. Solar panels. Soon it will all be gone. :cry_smile:
     
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  15. Gcubed

    Gcubed Banned

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    Just a quick chart. :fisheye:

    Screen Shot 2014-01-29 at 5.11.51 PM.jpg
     
  16. Irons

    Irons Deep Sixed Site Supporter Mother Lode

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    Gold runs and we'll see 80+:1 this time. :cool:

    We tried brother 'Cubed, we tried. Ah well. :cheerful:
     
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  17. Tinbox

    Tinbox YOU GET NOTHING! YOU LOSE, GOOD DAY SIR! Gold Chaser Site Supporter

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    $2,000 and $25 sounds alright to me, I doubt gold will go up that much with such a significant gsr increase but ya never know.
     
  18. Irons

    Irons Deep Sixed Site Supporter Mother Lode

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    Gold will run first and open the GSR way up, then silver will follow and overshoot it when Gold settles. Or it might not. :cheerful:
     
  19. smooth

    smooth Gold Member Gold Chaser

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    You gave up? I liked the old andial..... before this forum broke his spirit..

    30:1 someday. someday..

    Insert one of Irons skeleton pics below
     
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  20. Gcubed

    Gcubed Banned

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    Ve have our vays. You could be next, smoothie. ;)
     
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  21. smooth

    smooth Gold Member Gold Chaser

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    No sweat, G. I've been broke and busted before. :cool1:
     
  22. Tinbox

    Tinbox YOU GET NOTHING! YOU LOSE, GOOD DAY SIR! Gold Chaser Site Supporter

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    Was it the forum, or silver? Perhaps both:bear_laugh:
     
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  23. Irons

    Irons Deep Sixed Site Supporter Mother Lode

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    I believe it was silver that did it. I have seen it happen to others, heck if you could look at my first posts on GIM1 I was a huge silver believer. Hook, line and sinker.
     
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  24. curmudgeonista

    curmudgeonista Banned

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    65+

    :favorites8:
     
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  25. platinumdude

    platinumdude Gold Member Gold Chaser

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    63.7, It's creeping down.
     
  26. curmudgeonista

    curmudgeonista Banned

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    Typical. Spots up; GSR down. 62-ish now.

    It wouldn't surprise me for gold to be the story this time, though. If the TV pundits start talking, it could catch fire; in which case that retreating GSR trend will reverse. CNBC did silver a few years back. Considering the end result, they likely need a new line. IOW, they don't really give a darn what they talk about; they just get paid for talking and rising tides make them look like they know what they're talking about (when they don't).
     
  27. Irons

    Irons Deep Sixed Site Supporter Mother Lode

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    Today's little pop will be beat back, silver is moving too much in relation to Gold.

    For the silver bugs, when gold runs and silver sits that's your que to buy the feck out of silver.
     
  28. Silver Buck

    Silver Buck Gold Member Gold Chaser

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    60.xx:1

    16:1 any day now, right?
     
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  29. Chester-Copperpot

    Chester-Copperpot Gold Member Gold Chaser Site Supporter

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    I'll tear both yer arms of for 30:1 :mad:
     
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  30. smooth

    smooth Gold Member Gold Chaser

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    YIKES........ :bear_blink:

    I'm likely to cave at 40ish........ No more hard numbers for me.. too many lost opportunities
     
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  31. latemetal

    latemetal Gold Member Gold Chaser

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    65+ at 70 I sell gold...:bear_thumb:
     
  32. latemetal

    latemetal Gold Member Gold Chaser

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  33. latemetal

    latemetal Gold Member Gold Chaser

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    63.97, down just a little, still sell gold and buy silver if you can get it.:s9:
     
  34. latemetal

    latemetal Gold Member Gold Chaser

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    63.17 and falling...
     
  35. wanderintheland

    wanderintheland Seeker Seeker

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    Bullish Metals Ratio Charts Indicating a New Healthy Bull Market

    By Trader MC | Commodities | Jun 18, 2014 11:52AM GMT

    First of all, it is important to keep in mind that Miners are extremely undervalued and the down move in Metals was a cyclical bear market within a secular bull market which means that the primary trend is up. Bullish price action and bullish patterns have been taking place for several weeks in Miners and Metals. You can see on the following charts that the HUI/Gold ratio bottomed almost at the same level as in 2000 which was a major bottom for the Gold Miners Index.

    pice2427177d1c72f9a58587c0e61c671d1.jpg

    Below you can see that the Gold/XAU ratio chart is currently showing a possible Head and Shoulders Pattern which indicates that Miners are outperforming the Gold Metal. The Gold/Silver ratio long term chart made a false breakout of an Inverse Head and Shoulders Pattern. A false breakout often generates a strong move in the opposite direction.

    pic8d51f6d27adc59cb1fc2f14178a49144.jpg

    On a closer view you can notice that the Gold/Silver ratio chart made a Double Top Pattern and broke below the neckline of a Head and Shoulders Pattern. The Gold/Silver ratio backtested the neckline and is currently making new lows which is also a bullish sign for the Complex Metals. Miners are outperforming Gold and Silver is outperforming Gold, which is what we want to see in a healthy Metals Bull Market.

    picb767ac16f13bedee3826106cd1f3abf0.jpg

    On the following chart you can see that the XAU Index backtested strong supports and prices reversed to the upside. The Domed House and Three Peaks Chart Pattern has also been entirely completed at point 10 several weeks ago and the price action reversed strongly to the upside at point 10.

    pic89a725539500f1ddd1b15a64bde112f8.jpg

    pic4b2b99b251c48675132567242cccc9aa.jpg

    picb7d92e80f153418b11cc06fa23648e05.jpg

    The Gold Metal has strong support channels around $1220-$1230 and Silver broke out of a Falling Wedge Pattern.

    pic2bdd4ac85033e4fb6658122c9b510fef.jpg

    piccf7f376f9fad32f50e2ab819c9fff367.jpg

    The big picture of all the Complex Metals is showing bullish consolidation patterns. Corrections often end with Falling Wedge or Expanding Wedge Patterns. Silver and Platinum are forming Falling Wedge Patterns and Gold is forming an Expanding Wedge Pattern. You can also notice that Copper is very close to break out of the Falling Wedge Pattern like Silver. Palladium is leading with new highs which is also bullish for the Complex Metals.

    pic5ae0518c5f42ffb31a38e8371dae1937.jpg

    On a closer view you can see that Miners re-bounced as expected on the 78.6 Fibonacci level. The Junior Miners Index (Market Vectors Junior Gold Miners (ARCA:GDXJ)) is leading as prices already broke above the apex of the Triangle Pattern and also above the declining trendline resistance.

    pic1fbf48566ca6345b6f30d1f0df821267.jpg

    Gold has an important resistance zone at $1290-$1310, a breakout above $1310 should send it at much higher prices around $1550-$1600

    pic91fe6f7c502f39719d5fb306c27eaeb8.jpg

    piccd7dc3fd59a38d324395a82306c0d632.jpg

    It has been several weeks during which the price action has been showing us bullish patterns in Miners and Metals ratio charts. We therefore took long positions in Miners and Metals for the intermediate term trend (JNUG 3X leverage is already up 80%) as I think that it is important to respect what the market is telling us and to look for clues that reverse the trend. Charts are showing that the cyclical bear market has ended and the secular bull market primary trend has still a lot of upside potential.

    http://www.investing.com/analysis/b...s-indicating-a-new-healthy-bull-market-216554
     
  36. Silver Buck

    Silver Buck Gold Member Gold Chaser

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    I think we went through 80:1 over the weekend.
     
  37. Ahillock

    Ahillock A nobody Mother Lode

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    75.87:1

    [​IMG]
     
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  38. Silver Buck

    Silver Buck Gold Member Gold Chaser

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    What ticker is that?
     
  39. Zed

    Zed Size doesn't count! Midas Member

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    Netdania has 78.5595
     
  40. Ahillock

    Ahillock A nobody Mother Lode

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    The one from goldprice.org.


    Kitco has it at 77.47:1 (early this AM).

    [​IMG]
     

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