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Gold / Silver ratio revisited

BigJim#1-8

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BigJim#1-8

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92.03/1 this AM.
 

BigJim#1-8

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92.33/1 this AM.
 

Zed

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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

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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

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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

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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

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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

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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

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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

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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

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BigJim#1-8

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92.97/1 for the weekend.
 

BigJim#1-8

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92.57/1 to start the week. Pretty stagnant.
 

BigJim#1-8

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91.06/1 this AM.
 

savvydon

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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.
 

BigJim#1-8

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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

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89.46/1 per coininfo this AM.
 

BigJim#1-8

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88.45/1 per coininfo as of this post.
 

BigJim#1-8

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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

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Yep, time for the profit takers to take their cut! It's a game and we're not allowed to play
 

BigJim#1-8

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87.95/1 for the weekend.
 

Strawboss

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Silver is such a steal at these prices...

This is a once (twice if you are lucky) in a lifetime opportunity to load up in silver/silver miners...

And that is not being dramatic. Thats a FACT.
 

BigJim#1-8

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86.93/1 per coininfo as of this post.
 

ErrosionOfAccord

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Got my AG at $6.07. Probably should have bought moar but I threw most of my meager portfolio at a junky cannabis company and a long shot coal play.
 

savvydon

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Got my AG at $6.07. Probably should have bought moar but I threw most of my meager portfolio at a junky cannabis company and a long shot coal play.
A little is much better than none. If silver can climb this wall of worry it will take companies like AG up with it like they are on steroids.
 

the_shootist

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BigJim#1-8

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86.53/1 Enjoy the weekend!