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Gold / Silver ratio revisited

Uglytruth

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How can one N O T buy?
 
the_shootist

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Krag

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The hedge funds like Bridgewater and Paul Tudor Jones like gold; silver is a lot less sexy.

Has anyone seen the Egyptian ancient gold exhibits with gems at the MET museum? You can't beat that for art; but how many slaves were involved in building those dumb pyramids?
 
savvydon

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We are over 99 now with a silver led beat down in progress. C’mon big one!
 
savvydon

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Briefly almost 30 years ago. Hit about 101 then. We are in rarified air here. Lots of stresses in multiple markets simultaneously.
 
Zed

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savvydon said:
Briefly almost 30 years ago. Hit about 101 then. We are in rarified air here. Lots of stresses in multiple markets simultaneously.
Click to expand...
100.343?!

:oops:
 
the_shootist

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The only thing I feel certain about is this is unsustainable. Where we go from here is anyone's guess
 
JayDubya

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Is anybody here following the GSR rule?
Anybody actually trading an ounce of gold for 100 ounces of silver?

.....crickets
 
savvydon

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JayDubya said:
Is anybody here following the GSR rule?
Anybody actually trading an ounce of gold for 100 ounces of silver?

.....crickets
Click to expand...
The reality is that dealers have to make a living. Getting 100 oz of silver right now for an ounce of gold would be pretty tough. However, getting about 90 ounces would be pretty easy to accomplish.
 
FthePolice

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savvydon said:
The reality is that dealers have to make a living. Getting 100 oz of silver right now for an ounce of gold would be pretty tough. However, getting about 90 ounces would be pretty easy to accomplish.
Click to expand...
what kind of silver and what kind of gold on the trade? Gold Eagle for Silver Eagles, etc?
 
JayDubya

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Im just asking if anyone is doing it? There were plenty around here sounding off about the trading they had done when the GSR was moving towards 30 to 1. I'm just trying to see if anyone plays both sides like you're "supposed" to.
 
savvydon

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JayDubya said:
Im just asking if anyone is doing it? There were plenty around here sounding off about the trading they had done when the GSR was moving towards 30 to 1. I'm just trying to see if anyone plays both sides like you're "supposed" to.
Click to expand...
I do it in a non linear fashion. Recently I have sold gold and bought silver. It is not a direct trade but it has the effect of playing the ratio just the same.

Unfortunately I lost all of it in a recent boating accident.
 
Zed

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Silver is used in many "just in time" production lines. It's not typically stock piled. If the lines grind to a halt and silver doesn't see the investment demand take the slack we could see better than 100:1.

Mid to long term supply is mostly recycle and byproduct so if the broader market for zinc etc falls out of bed and the market slows then supply will dry up quite a bit as well.

This is what could drive a spike and drop in the GSR.
 
Zed

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GSR Standard Dev is closer to trending mode here than it is to an extreme. 2c FWIW.
 
Zed

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savvydon said:
Epic and historic chit - just like all the other market gyrations we are seeing at the moment.
Click to expand...

... and I think that the DJ has just hit us with the warm up tracks.
 
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99.41/1 with $1500 Au & $15.00 Ag in sight.....
 
savvydon

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Meanwhile, as we approach 100:1 GSR again, the gold to platinum ratio is on the verge of hitting 2:1 for the first time. This is epic stuff for sure.
 
FthePolice

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savvydon said:
Meanwhile, as we approach 100:1 GSR again, the gold to platinum ratio is on the verge of hitting 2:1 for the first time. This is epic stuff for sure.
Click to expand...
platinum could be a bargain right now. A few weeks ago I traded 57 ounces of Silver for one Platinum Eagle. I’ll consider buying now. If we get to 1500 Gold and 15.00 silver I’ll be throwing down on the silver with trades and cash purchases.
 
the_shootist

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I'm starting to look at gold again!
 
Zed

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Zed

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smooth

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the_shootist

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FthePolice

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Anyone ever use Monex for buying? I ask because they have good deals on Silver Eagles. I wanted to know if they were legit.
 
Last edited:
the_shootist

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FthePolice said:
Anyone ever use Monex for buying? I ask because they have good deals on Silver Eagles. I wanted to know if they were legit.
Click to expand...
If you think these prices are cheap just wait a minute. Another huge drop taking place at present
 
the_shootist

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Rut Roh! Bitcoin not immune to the carnage it would appear!

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