• "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"

Gold / Silver ratio revisited

BigJim#1-8

Silver Member
Silver Miner
Site Supporter ++
Joined
Mar 31, 2010
Messages
2,339
Likes
8,015

BigJim#1-8

Silver Member
Silver Miner
Site Supporter ++
Joined
Mar 31, 2010
Messages
2,339
Likes
8,015
92.03/1 this AM.
 

BigJim#1-8

Silver Member
Silver Miner
Site Supporter ++
Joined
Mar 31, 2010
Messages
2,339
Likes
8,015
92.33/1 this AM.
 

Zed

Intergalactic Chart Arse
Midas Member
Site Supporter
Joined
Mar 30, 2010
Messages
13,763
Likes
11,875
Location
Just behind you.
93.23 now. Another run at 95 coming?
Looking @ the chart I think that we are here, aka the top. Yeah 95 maybe but dropping a mere 10 points is a trend break. Chart later.
 

Zed

Intergalactic Chart Arse
Midas Member
Site Supporter
Joined
Mar 30, 2010
Messages
13,763
Likes
11,875
Location
Just behind you.
There just can't be much more in this! Errrrr... I think, mebe we do 110, but for cheeeeezus's sake?! NO, that can't happen. Plz.

GSR Monthly.

GSR-M-20190711.png
 

Strawboss

Home Improvement Sales Trainee...
Gold Chaser
Site Supporter
Joined
Mar 31, 2010
Messages
4,772
Likes
8,129
There just can't be much more in this! Errrrr... I think, mebe we do 110, but for cheeeeezus's sake?! NO, that can't happen. Plz.

GSR Monthly.

View attachment 135882
I gotta admit - the thought never occurred to me to graph the GSR like you have done...

And THAT expansion of my thinking opens all sorts of sordid opportunities for mischief...
 

SilverBuyer

Silver Member
Silver Miner
Joined
Jan 21, 2015
Messages
815
Likes
673
All the big money buys gold and none of them buy silver. There is no other explanation for such a GSR.

Look at silver eagle sales vs gold eagle sales. The dollar amounts being spent by retail is about 1:1 (there's 90 silver eagles being sold for 1 gold eagle)

Meanwhile the amount of gold that needs to absorbed by the market every year in dollar terms is about 30:1 after accounting for industrial use.
 

Zed

Intergalactic Chart Arse
Midas Member
Site Supporter
Joined
Mar 30, 2010
Messages
13,763
Likes
11,875
Location
Just behind you.
All the big money buys gold and none of them buy silver. There is no other explanation for such a GSR.

Look at silver eagle sales vs gold eagle sales. The dollar amounts being spent by retail is about 1:1 (there's 90 silver eagles being sold for 1 gold eagle)

Meanwhile the amount of gold that needs to absorbed by the market every year in dollar terms is about 30:1 after accounting for industrial use.
I guess that it is probably safe to guess that when gold leads silver it is a monetary crisis in the making.
 

BigJim#1-8

Silver Member
Silver Miner
Site Supporter ++
Joined
Mar 31, 2010
Messages
2,339
Likes
8,015
93.23/1 this AM.....
Update: Plummeted to 92.95/1 a few minutes ago.

Ratio reaching 110/1, Holy Cow as Harry used to say.
Thanks for the chart Zed.
 
Last edited:

BigJim#1-8

Silver Member
Silver Miner
Site Supporter ++
Joined
Mar 31, 2010
Messages
2,339
Likes
8,015
All the big money buys gold and none of them buy silver. There is no other explanation for such a GSR.

Look at silver eagle sales vs gold eagle sales. The dollar amounts being spent by retail is about 1:1 (there's 90 silver eagles being sold for 1 gold eagle)

Meanwhile the amount of gold that needs to absorbed by the market every year in dollar terms is about 30:1 after accounting for industrial use.
How about the huge volume of physical silver that JP Morgan has already bought & stored? There hasn't been discussion about them & their silver hoard for a long time. Remember the old days with Blythe.
 

Uglytruth

Gold Member
Gold Chaser
Site Supporter
Joined
Apr 6, 2011
Messages
6,672
Likes
10,099
At what point can't they drive down silver anymore so they have to raise gold?
How much would you buy at $1500 vs. $10 and let the ratio work in your favor some time in the future?

At $1400 to $15 is 93.33:1
At $1500 to $15 is 100:1
At $1600 to $15 is 106.66:1
At $1400 to $10 is 140:1
 

Zed

Intergalactic Chart Arse
Midas Member
Site Supporter
Joined
Mar 30, 2010
Messages
13,763
Likes
11,875
Location
Just behind you.

BigJim#1-8

Silver Member
Silver Miner
Site Supporter ++
Joined
Mar 31, 2010
Messages
2,339
Likes
8,015
92.97/1 for the weekend.
 

BigJim#1-8

Silver Member
Silver Miner
Site Supporter ++
Joined
Mar 31, 2010
Messages
2,339
Likes
8,015
92.57/1 to start the week. Pretty stagnant.
 

BigJim#1-8

Silver Member
Silver Miner
Site Supporter ++
Joined
Mar 31, 2010
Messages
2,339
Likes
8,015
91.06/1 this AM.
 

BigJim#1-8

Silver Member
Silver Miner
Site Supporter ++
Joined
Mar 31, 2010
Messages
2,339
Likes
8,015
Knocking on the door of 90 as I type. First significant correction to the GSR in a good bit. We will see if this is the start of a trend or just another blip on the radar screen.
Touched upper 89's earlier for a second or two.
 

BigJim#1-8

Silver Member
Silver Miner
Site Supporter ++
Joined
Mar 31, 2010
Messages
2,339
Likes
8,015
87-88 still very good time to trade in my mind. Timing the top perfect rarely, if ever, works.
I still believe that trading Au for Ag at 80/1 or higher is going to be good in the long run. JMHO.
Back up 88.38/1 as of this post. Beatdown.....
 

the_shootist

Midas Member
Midas Member
Midas Supporter
Joined
May 31, 2015
Messages
32,537
Likes
42,463
Yep, time for the profit takers to take their cut! It's a game and we're not allowed to play