• "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

Uglytruth

Uglytruth

Midas Member
Midas Member
Site Supporter ++
#763
Joined
Apr 6, 2011
Messages
11,212
Likes
21,568
#763
How can one N O T buy?
 
the_shootist

the_shootist

Old Pasty White Guy
Midas Member
Midas Supporter ++
#764
Joined
May 31, 2015
Messages
49,669
Likes
86,857
Location
Earth
#764
1583712770419.png
 
Krag

Krag

Planet earth
Platinum Bling
#765
Joined
Feb 20, 2013
Messages
5,210
Likes
4,429
#765
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

savvydon

Site Supporter
Site Supporter
Platinum Bling
#767
Joined
Dec 14, 2010
Messages
3,780
Likes
4,088
#767
We are over 99 now with a silver led beat down in progress. C’mon big one!
 
savvydon

savvydon

Site Supporter
Site Supporter
Platinum Bling
#769
Joined
Dec 14, 2010
Messages
3,780
Likes
4,088
#769
Briefly almost 30 years ago. Hit about 101 then. We are in rarified air here. Lots of stresses in multiple markets simultaneously.
 
Zed

Zed

The Bullish Bear.
Midas Member
Site Supporter ++
GIM Hall Of Fame
#772
Joined
Mar 30, 2010
Messages
17,937
Likes
18,462
Location
Watching the Sideshow!
#772
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

the_shootist

Old Pasty White Guy
Midas Member
Midas Supporter ++
#773
Joined
May 31, 2015
Messages
49,669
Likes
86,857
Location
Earth
#773
The only thing I feel certain about is this is unsustainable. Where we go from here is anyone's guess
 
JayDubya

JayDubya

pies klasy robotniczej
Midas Member
Midas Supporter
#774
Joined
Apr 5, 2010
Messages
5,886
Likes
8,547
#774
Is anybody here following the GSR rule?
Anybody actually trading an ounce of gold for 100 ounces of silver?

.....crickets
 
savvydon

savvydon

Site Supporter
Site Supporter
Platinum Bling
#775
Joined
Dec 14, 2010
Messages
3,780
Likes
4,088
#775
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.
 
Bman33

Bman33

Silver Surfer
#776
Joined
Jan 10, 2016
Messages
716
Likes
771
#776
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

JayDubya

pies klasy robotniczej
Midas Member
Midas Supporter
#780
Joined
Apr 5, 2010
Messages
5,886
Likes
8,547
#780
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

savvydon

Site Supporter
Site Supporter
Platinum Bling
#781
Joined
Dec 14, 2010
Messages
3,780
Likes
4,088
#781
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

Zed

The Bullish Bear.
Midas Member
Site Supporter ++
GIM Hall Of Fame
#782
Joined
Mar 30, 2010
Messages
17,937
Likes
18,462
Location
Watching the Sideshow!
#782
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

Zed

The Bullish Bear.
Midas Member
Site Supporter ++
GIM Hall Of Fame
#783
Joined
Mar 30, 2010
Messages
17,937
Likes
18,462
Location
Watching the Sideshow!
#783
GSR Standard Dev is closer to trending mode here than it is to an extreme. 2c FWIW.
 
Zed

Zed

The Bullish Bear.
Midas Member
Site Supporter ++
GIM Hall Of Fame
#785
Joined
Mar 30, 2010
Messages
17,937
Likes
18,462
Location
Watching the Sideshow!
#785
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.
 
B

BigJim#1-8

Gold Member
Gold Chaser
Sr Site Supporter
#786
Joined
Mar 31, 2010
Messages
3,872
Likes
14,374
#786
99.41/1 with $1500 Au & $15.00 Ag in sight.....
 
savvydon

savvydon

Site Supporter
Site Supporter
Platinum Bling
#787
Joined
Dec 14, 2010
Messages
3,780
Likes
4,088
#787
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.
 
Bman33

Bman33

Silver Surfer
#788
Joined
Jan 10, 2016
Messages
716
Likes
771
#788
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

the_shootist

Old Pasty White Guy
Midas Member
Midas Supporter ++
#790
Joined
May 31, 2015
Messages
49,669
Likes
86,857
Location
Earth
#790
I'm starting to look at gold again!
 
Zed

Zed

The Bullish Bear.
Midas Member
Site Supporter ++
GIM Hall Of Fame
#792
Joined
Mar 30, 2010
Messages
17,937
Likes
18,462
Location
Watching the Sideshow!
#792
Zed

Zed

The Bullish Bear.
Midas Member
Site Supporter ++
GIM Hall Of Fame
#793
Joined
Mar 30, 2010
Messages
17,937
Likes
18,462
Location
Watching the Sideshow!
#793
smooth

smooth

Gold Member
Gold Chaser
Site Supporter ++
#794
Joined
Mar 31, 2010
Messages
3,117
Likes
6,123
#794
the_shootist

the_shootist

Old Pasty White Guy
Midas Member
Midas Supporter ++
#796
Joined
May 31, 2015
Messages
49,669
Likes
86,857
Location
Earth
#796
Bman33

Bman33

Silver Surfer
#797
Joined
Jan 10, 2016
Messages
716
Likes
771
#797
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

the_shootist

Old Pasty White Guy
Midas Member
Midas Supporter ++
#798
Joined
May 31, 2015
Messages
49,669
Likes
86,857
Location
Earth
#798
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

the_shootist

Old Pasty White Guy
Midas Member
Midas Supporter ++
#799
Joined
May 31, 2015
Messages
49,669
Likes
86,857
Location
Earth
#799
Rut Roh! Bitcoin not immune to the carnage it would appear!

1584115141749.png
 
You must log in or register to reply here.