• "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

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

the_shootist

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

Krag

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

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

savvydon

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

Zed

The Bullish Bear.
Midas Member
Site Supporter ++
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
17,937
Likes
18,462
Location
Watching the Sideshow!
Briefly almost 30 years ago. Hit about 101 then. We are in rarified air here. Lots of stresses in multiple markets simultaneously.
100.343?!

:oops:
 

the_shootist

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

JayDubya

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

.....crickets
 

savvydon

Site Supporter
Site Supporter
Platinum Bling
Joined
Dec 14, 2010
Messages
3,780
Likes
4,088
Is anybody here following the GSR rule?
Anybody actually trading an ounce of gold for 100 ounces of silver?

.....crickets
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

Silver Surfer
Joined
Jan 10, 2016
Messages
716
Likes
771
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.
what kind of silver and what kind of gold on the trade? Gold Eagle for Silver Eagles, etc?
 

JayDubya

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

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

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

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

Zed

The Bullish Bear.
Midas Member
Site Supporter ++
GIM Hall Of Fame
Joined
Mar 30, 2010
Messages
17,937
Likes
18,462
Location
Watching the Sideshow!
Epic and historic chit - just like all the other market gyrations we are seeing at the moment.

... and I think that the DJ has just hit us with the warm up tracks.
 

BigJim#1-8

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

savvydon

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

Silver Surfer
Joined
Jan 10, 2016
Messages
716
Likes
771
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.
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

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

Zed

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

Zed

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

smooth

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

the_shootist

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

Bman33

Silver Surfer
Joined
Jan 10, 2016
Messages
716
Likes
771
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

Old Pasty White Guy
Midas Member
Midas Supporter ++
Joined
May 31, 2015
Messages
49,669
Likes
86,857
Location
Earth
Anyone ever use Monex for buying? I ask because they have good deals on Silver Eagles. I wanted to know if they were legit.
If you think these prices are cheap just wait a minute. Another huge drop taking place at present
 

the_shootist

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

1584115141749.png