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Gold / Silver ratio revisited

louky

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#41
4th time in 15 yrs?

■ 1st - 02 June 2003: Silver settles at 4.540; within six months it settles at 5.485 (+20.8%)

■ 2nd - 17 September 2008: Silver settles at 10.52; within six months it settles at 14.420 (+37.1%)

■ 3rd - 23 February 2016: Silver settles at 15.300; within six months it settles at 20.665 (+35.1%)
 

BigJim#1-8

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#42
80.4/1 per coininfo as of this post.
 

BigJim#1-8

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#43
80.23/1 per coininfo as of this post.
Au up about $18
Dollar under 90.00 @ 88.970
 
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Silver Buck

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#44
Did a quick numbers crunch of Wheaton Metals (previously known as Silver Wheaton) and by taking the average of what they are paying for Gold and what they are paying for Silver I come up with:

Gold: $403.89
Silver: $4.63

Which gives us a GSR of: 87.22

For those interested in checking out where I got the raw info:

http://www.wheatonpm.com/streams/default.aspx

I may post a comprehensive post in the Gin Bottle in the morning.
 

BigJim#1-8

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#45
81.14/1 per coininfo as of this post.
 

solarion

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#46
Rising rates! ZOMG Strong dollar = dump gold and silver!

Except the US dollar index was over 100 this time last year...and now it's under 90. 10 year debt is already pushing 2.9%, anyone think rates can keep going up, trashing the stock & bond markets while the fed keeps doing nothing save liquidating their own assets at a snail's pace? lol
 

Strawboss

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#47
GSR.png
Its gonna be risk on here pretty soon... if history is any guide...

This bodes well for miners...
 

BigJim#1-8

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#48
79.6/1 per coininfo as of this post.
 

the_shootist

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#49
79.6/1 per coininfo as of this post.
Stock market is down and metals are on the uptick....first time that's happened in a while. The relationship between stock and metal prices has been bizarro world for the past few weeks in that regard. Today seems more 'normal'
 

solarion

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#50
USDx down .43% and silver up 2%. Works for me, particularly after the dollar slid marginally yesterday even while lamestream media talked about it rallying, even while silver dropped almost 1%.

The nonsense du jour is about alleged trade war hype. Whatever fear porn these fools wish to peddle I guess.

Edit: Today the mighty buck is up a whopping .25% vs other fiat trash, so apparently that's good for a 1.3% drop in paper silver. This despite the fact that the dollar still cannot seem to grab and hold that 90 level and it's only a scant 1.5% off its 52wk low of 88.25.
 
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BigJim#1-8

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#51
80.68/1 per coininfo as of this post.
 

savvydon

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#52
Up and over 81 today, folks. Let the beatdowns continue so that the snags can increase.
 

BigJim#1-8

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#53
81.2/1 per coininfo as of this post.
 

BigJim#1-8

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#54
81.42 per coininfo as of this post.
Really tempting.
 

solarion

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#56
1522248964758.png


How stupid are these people? ...and perhaps more importantly, how stupid do they think we all are? The dollar IS NOT RISING, it's been dropping continuously since peaking at almost 103 in December of 2016. The excuses to smash metals are old, tired, and worn out.
 

Goldhedge

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#57
Hypothetically, if you had 100 oz AU would you swap for 6k oz of AG?
 

solarion

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#58
I'd hold out for at least 70:1 on a bulk trade. Officially we're at 81.69 so even 70 is a bargain for the silver peddler.
 

the_shootist

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#59
Metals getting the usual beatdown today
 

solarion

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#60
Hey strong dollar! The DXY is over 90...again. Nevermind that it hasn't held above 90 in months.

This time is different!
 

BigJim#1-8

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#61
82.59/1 per coininfo as of this post.
 

BigJim#1-8

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#64
80.7/1 per coininfo, first time in a few days it's been under 82+/1.
 

BigJim#1-8

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#65
79.23/1 per coininfo as of this post.

Now 78.55/1
 
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BigJim#1-8

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#66
77.93/1 per coininfo as of this post.
 

BigJim#1-8

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#67
79.59/1 per coininfo as of this post. Gettin' near 80 again.
 

BigJim#1-8

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#69
80.16/1 per coininfo as of this post.
 

BigJim#1-8

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#70
81.12/1 per coininfo as of this post. Metals gettin' slammed this AM.
 

Argent Dragon

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#71
Wake me up when it reaches 100.......
 

BigJim#1-8

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#73
80.27/1 per coininfo as of this post.
Dollar over 93.00
 

BigJim#1-8

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#75
77.18/1 per coininfo as of this post. Been awhile since last update.
 

Argent Dragon

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#76
It's too quiet although it seems that Silver is starting to 'simmer' a very, tiny bit.
 

stAGgering

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#78
The Ratio the Ratio has cometh to play, as does my jester.
Always there and all can see, tricks which portray honesty.
Silver has gained 7% +- and only 36 points to drop before trading ensues.
I can here the sound, and feel the weight.
Less but oh, so much more.

Addendum. Silver on the physical market appears to have reached a new level of despise.
Witnessing previously sought and valued hitting the markets, LCS and online, like a dead cat on an airmat... no bounce.
The jester is having field day with that kitty.
 

Argent Dragon

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#79
SOS....... Same Ole' Silver different day.
 

BigJim#1-8

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#80
79.01/1 per coininfo as of this post. Approaching the 80 mark again.
Metals down, $ up.