• "Spreading the ideas of freedom loving people on matters regarding metals, finance, politics, government and many other topics"

Gold / Silver ratio revisited

SongSungAU

Midas Member
Midas Member
Site Supporter ++
Joined
Jun 8, 2010
Messages
11,481
Reaction score
24,601
The metals were roaring today...

KM201105-1701.jpg
 

Varmint Hunter

Gold Member
Gold Chaser
Sr Midas Supporter +++
Joined
Apr 10, 2010
Messages
2,730
Reaction score
10,263
KWN-Ole-I-1152020.jpg
 

the_shootist

I identify as already vaccinated so I'm good!
Midas Member
Sr Midas Supporter +++
Joined
May 31, 2015
Messages
60,999
Reaction score
119,472
Location
Earth
It's taking a bit of a hit over seas now, which was expected
 

GOLDBRIX

God,Donald Trump,most in GIM2 I Trust. OTHERS-meh
Midas Member
Midas Supporter ++
Joined
Apr 4, 2010
Messages
18,059
Reaction score
27,103
Not a "Like" so much as a Thank You BigJim...
 

BigJim#1-8

Gold Member
Gold Chaser
Midas Supporter
Joined
Mar 31, 2010
Messages
4,338
Reaction score
16,826

dacrunch

Midas Member
Midas Member
Joined
Apr 9, 2010
Messages
7,445
Reaction score
9,522
Bah...
Gold has a lot more "mass appeal" than silver, even though silver supplies get much more used up in industries and jewelry.
A ratio of 100 to one would make me mobilize, or in the inverse 40 to 1.
Not worth losing sleep over atm....
 

BigJim#1-8

Gold Member
Gold Chaser
Midas Supporter
Joined
Mar 31, 2010
Messages
4,338
Reaction score
16,826

Uglytruth

Midas Member
Midas Member
Sr Site Supporter
Joined
Apr 6, 2011
Messages
14,788
Reaction score
31,370
^^^ Getting us in the $42 area if gold is 2K. $53 if gold is $2500. $63 if gold is 3K.
 

savvydon

Site Supporter
Site Supporter
Platinum Bling
Joined
Dec 14, 2010
Messages
4,087
Reaction score
4,781
Well sports fans, silver is roaring in Asian markets tonight as news of the latest US government Covid relief deal filters into the market. Current GSR is under 70 as I type. Shaping up to be an interesting holiday season...
 

Buck

Trying Something Different!
Midas Member
Sr Site Supporter
Joined
Apr 13, 2011
Messages
19,000
Reaction score
23,293
there ain't no deal that's been sealed...

buy on the hype, sell on the news, isn't that it?


edit:
wait...they're 'protecting their assests' if it were...into metals, then, back into the game next week, but, will that be before or after Christmas? Crush it or Capitalize on it during a weak week?????

hmmmmmm
 

hoarder

Site Supporter
Site Supporter
Platinum Bling
Joined
Mar 30, 2010
Messages
13,566
Reaction score
16,709
Location
Montana

savvydon

Site Supporter
Site Supporter
Platinum Bling
Joined
Dec 14, 2010
Messages
4,087
Reaction score
4,781
If I have some covering to do, how do I whack gold or silver?
I'm sure abrupt price changes, such as the one in the chart illustrated above by southfork, allow market makers to realign their holdings regarding futures contracts partially by manipulating speculators, and using other tools such as spoofing, which I have read about but don't have first hand knowledge of.

This is sheer speculation on my part. Perhaps you would get a better answer from some person or persons who you know to be controlling the world's financial markets and media?
 

BigJim#1-8

Gold Member
Gold Chaser
Midas Supporter
Joined
Mar 31, 2010
Messages
4,338
Reaction score
16,826

solarion

Midas Member
Midas Member
Midas Supporter
Joined
Nov 25, 2013
Messages
8,971
Reaction score
15,257
Little brother has plainly been outperforming for awhile. Perhaps even more rabid currency creation, allegedly to fight the effects of wu-flu, will get yellow metal moving.

US debt to GDP is a piddly 128% for 2020...what's another $900b afterall...

Welcome to bizarro world.
 

hoarder

Site Supporter
Site Supporter
Platinum Bling
Joined
Mar 30, 2010
Messages
13,566
Reaction score
16,709
Location
Montana
I'm sure abrupt price changes, such as the one in the chart illustrated above by southfork, allow market makers to realign their holdings regarding futures contracts partially by manipulating speculators, and using other tools such as spoofing, which I have read about but don't have first hand knowledge of.
So "someone" is actually "somegroup".
 

savvydon

Site Supporter
Site Supporter
Platinum Bling
Joined
Dec 14, 2010
Messages
4,087
Reaction score
4,781
So "someone" is actually "somegroup".
Yes, in my view anyway. These are big numbers. Even if it is 'someone', then that one has 'somegroup' implementing. More than I can clearly fathom, although I still feel the market was manipulated today.
 

BigJim#1-8

Gold Member
Gold Chaser
Midas Supporter
Joined
Mar 31, 2010
Messages
4,338
Reaction score
16,826
Last edited: