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Gold / Silver ratio revisited

BigJim#1-8

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90.92/1 per coininfo as of this post.
 

savvydon

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90.92/1 per coininfo as of this post.
Gold is out running everything at the moment. Nearing 91 on the GSR, while the platinum to gold ratio is about at an all time high 1.74:1. Maybe eventually the other precious metals will catch up a bit?
 

BigJim#1-8

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91.33/1 for the weekend.
 

Zed

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Uglytruth

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Zed we need a moo button for that one. Shame on you! :beer::belly laugh:
 

savvydon

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This is crazy! If we hit 93 then we are at a 50 year high, since the gold window closed, other than a brief few month spike. Amazing...
 
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Zed

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This is crazy! If we hit 93 then we are at a 50 year high, since the gold window closed, other than a brief few month spoke. Amazing...
Summin is wrong.
 

BeefJerky

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Wait for a correction. Sentiment is very high right now. High sentiment readings are usually indicative of a near term top in prices. Of course past performance is no guarantee of future blah blah...

A lesson shared from painful experience.
It's been correcting for damn near a decade. I am so tired of hearing that word used in regards to metals. A correction would be 5K gold $50 silver at a minimum.
 
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the_shootist

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This is crazy! If we hit 93 then we are at a 50 year high, since the gold window closed, other than a brief few month spike. Amazing...
Bizzarro World! Up is down, down is up and Big Brother is controlling everything!
 

BigJim#1-8

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Good evening, 92.49/1.
 

BigJim#1-8

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91.85/1 this AM
 

BigJim#1-8

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I believe the options expiry was today, should be interesting after that.
92.24/1 as of this post.
 

BigJim#1-8

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92.3/1 this AM.
 

the_shootist

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Had the feel of an attempt st a full bore beat down which wound up pretty muted. Unsuccessful attempt to get below $1400?
Working on it again this morning $1401.60 at this posting
 

Goldhedge

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BigJim#1-8

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is this a good deal? 85:1

92.85 now.
I would take 85-86 SAE's for an Au Buffalo but would want more if generic, that's just me.

92.5/1 now.
 
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the_shootist

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I'm going to make a prediction...

Gold won't be able to hold at or above $1400/oz and will close below that number by EOD today

(Note: I'm usually quite unlucky with my predictions so don't go selling the farm just yet)
 

BigJim#1-8

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Thread drift....Platinum/Au Ratio 0.58/1 Will Au double up on Platinum?? Interesting.
 

savvydon

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I'm going to make a prediction...

Gold won't be able to hold at or above $1400/oz and will close below that number by EOD today

(Note: I'm usually quite unlucky with my predictions so don't go selling the farm just yet)
I don't know we are out of the gate now and still holding on to $1410. Usually if there is going to be a beat down it starts early in the day. Maybe things are different this time.
 

Strawboss

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I'm going to make a prediction...

Gold won't be able to hold at or above $1400/oz and will close below that number by EOD today

(Note: I'm usually quite unlucky with my predictions so don't go selling the farm just yet)
This prediction is aging like...spoiled milk...or Hillary...
 

the_shootist

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BigJim#1-8

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92.04/1 Enjoy your weekend.
 

BigJim#1-8

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91.07/1 this AM.
 

BigJim#1-8

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92.33/1 with Au back over $1400
 

Strawboss

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So the new paradigm seems to be that when gold rises - the ratio rises and when gold falls the ratio falls?

Is there anything in the world that makes sense anymore?

Shit gets stranger by the day...

Interesting times for sure...
 

BigJim#1-8

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92.42/1 with Au back under $1400.
 

the_shootist

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Time to think about buying the dip....let's see how far we drop with this one