Gold / Silver ratio revisited

[Cigarlover]

I was looking at some silver this morning. Almost pulled the trigger and then remembered my own advice. Cash is king right now. Only thing green is the dollar.

 

[BigJim#1-8]

I was looking at some silver this morning. Almost pulled the trigger and then remembered my own advice. Cash is king right now. Only thing green is the dollar.

^^^^^^^
Yep! Cash till this shakes out.
104.35/1 on the new page.
https://goldprice.org/gold-silver-ratio.html

 

[savvydon]

I was looking at some silver this morning. Almost pulled the trigger and then remembered my own advice. Cash is king right now. Only thing green is the dollar.

Silver premiums are WAAAY up at the moment. This is a paper puke. No one is selling physical at these prices.

GSR has never been here. Ever. Friday the 13th banker flush out.

 

[the_shootist]

Interesting times to be sure

 

[hammerhead]

^^^^^^^
Yep! Cash till this shakes out.
104.35/1 on the new page.
https://goldprice.org/gold-silver-ratio.html

Over the chart that only goes to 100.

 

[savvydon]

Over the chart that only goes to 100.

Kitco has us at 105.59 right now. This is mind blowing...

 

[BigJim#1-8]

Over the chart that only goes to 100.

The chart shows 105+/1 Scroll down on right.

 

[skychief]

People will be afraid to touch FRNs because the notes could be contaminated with Wuhan virus.

Silver (coins and bullion) will kill the virus.

Just purchased a bunch of cheap silver!

 

[BigJim#1-8]

Ratio Plummets into High 103's/1 for the weekend. Keep Healthy & Safe. Buy Ammo.

 

[engineear]

I need reasons NOT to swap, please.

 

[savvydon]

I need reasons NOT to swap, please.

Good luck doing it right now even if you can’t find a reason not to. Most dealers out there don’t seem to want you to pry what silver they have from their cold, dead hands...

 

[Strawboss]

I will trade 40 SAEs for a GAE.

This is a standing offer.

Operators standing by...

 

[engineear]

Good luck doing it right now even if you can’t find a reason not to. Most dealers out there don’t seem to want you to pry what silver they have from their cold, dead hands...

Isn't it beneficial for both parties?...its long-term either way. Pondering...

 

[billmr]

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

I bought a bunch of platinum from them back in 2008, then I looked at the reviews and saw all the 1 star ratings, and started having 2nd thoughts but as I read more I found that those were all from people who had margin accounts. They delivered to me, then called me every 3 months for years asking if I wanted to buy more stuff.

I know they were legit back then, but then so were Tulving and NWTM

 

[savvydon]

Isn't it beneficial for both parties?...its long-term either way. Pondering...

They will do it but you will have to pay the premium. All the sudden demand has shot way up for silver at these prices. Physical supplies are tight so premium has gone up. You can trade gold for silver but don’t expect to get 104 ounces of silver for an ounce of gold.

 

[savvydon]

Up over 106 now. Meanwhile, the cupboard's are bare of silver throughout dealer shelves across the country. Go figure!

 

[savvydon]

Full throttle monkey hammer in progress again. We just went over 109!

 

[Trigonx]

Full throttle monkey hammer in progress again. We just went over 109!

Lab results are in: Silver has the Coronavirus. I heard the older you are the more deadly it is... RIP Silver.

 

[savvydon]

Lab results are in: Silver has the Coronavirus. I heard the older you are the more deadly it is... RIP Silver.

I dunno - you might be able to bury it but it takes a long, long time to decompose.

 

[savvydon]

We just went over 112 while silver is getting nailed so savagely it would make a porn star blush. I'm dumbstruck.

 

[savvydon]

114

 

[savvydon]

120!

 

[Trigonx]

silver just got gallagher'ed

 

[Cigarlover]

I'm selling one of my trucks and one of my 4 wheelers this week. Hopefully the prices stay down til Wed or so.

 

[BackwardsEngineeer]

I'm selling one of my trucks and one of my 4 wheelers this week. Hopefully the prices stay down til Wed or so.

My go to CS is bone dry on all things shiny... maybe better up your way....

 

[Cigarlover]

still some deals at some online retailers. Not for long I suspect.

 

[Cigarlover]

My go to CS is bone dry on all things shiny... maybe better up your way....

https://pinehurstcoins.com/2019-south-africa-silver-krugerrand-1-oz-brilliant-uncirculated
1268 left 2 bucks over.. save me some :)

 

[savvydon]

This is total carnage. Sub $12 silver and GSR over 122.

 

[Cigarlover]

Rhodium joining the party now too i see. No safe havens. Cash is still king

 

[Trigonx]

https://pinehurstcoins.com/2019-south-africa-silver-krugerrand-1-oz-brilliant-uncirculated
1268 left 2 bucks over.. save me some :)

got 60 of them for $13.88

 

[Rusty Shackelford]

Making a stop at silvertowne today to see what kinda of swap numbers they will offer...This is a once in a lifetime opportunity...if you can find it

 

[TLM]

The saying, "don't try to catch a falling knife" comes to mind.
Irrational and insane.

 

[Cigarlover]

got 60 of them for $13.88

Nice move.. I really want some of these. Told the guy buying my truck cash only so hopefully can jump on 100 later today if they aren't gone

 

[savvydon]

The saying, "don't try to catch a falling knife" comes to mind.
Irrational and insane.

Buy a falling round - less blood shed.

 

[spinalcracker]

Buy a falling round - less blood shed.

there is a time to get bloody and a time to step back

let the blood flow

 

[Voodoo]

Lab results are in: Silver has the Coronavirus. I heard the older you are the more deadly it is... RIP Silver.

Kinda ironic considering silver is one of the few things on earth immune to it. We broke 14 in silver so probably heading lower.

 

[Bottom Feeder]

Well, since the LCSs were almost bare last week I don't imagine I will be able to find much of anything available today. I notice on line stores all have their lowest silver premiums start at $2.00. Two bucks! for generic silver — such a deal! And I see SAEs have around a five dollar premium.

The bottom seems to have fallen out of the paper silver market.
BF

 

[bb28]

got 60 of them for $13.88

Thanks for the link, I bought a bunch as well...

bb

 

[BigJim#1-8]

116.7/1 Midday. Carnage everywhere.
https://goldprice.org/gold-silver-ratio.html

 

[GoldenPoet]

I'm going to buy some Libertads today... can't resist the price. WHohoooooooooo