Daily GSR - Gold/Silver/Ratio Thread

[Gcubed]

Yo Irons! Dis gunna be fun!!

[andial]

I'm kidding with the seventy. 50 is the number, but lets make it last until the last trading day of 2011. If that is ok.

[Gcubed]

I'm kidding with the seventy. 50 is the number, but lets make it last until the last trading day of 2011. If that is ok.

12 months. Take it or leave it. You know I'll honor it.

[andial]

Ok 12 months. I don't want to ruin the fun. I am very confident either way.

Edit: 42.94 as I type.

[Eat Beef]

The way you two are dickering, it's like you're betting something valuable...
























like an ounce of copper or something!

[Irons]

I'm staying out of this one!~

[Gcubed]

Ok 12 months. I don't want to ruin the fun. I am very confident either way.

Edit: 42.94 as I type.

Done!
............

Edit: 50 is on da way Baby!!

[Irons]

You might as well send it now Andial. Silver has had it's turn in the spotlight but the next charge is going to be led by gold. Like it always is.

[Gcubed]

You might as well send it now Andial. Silver has had it's turn in the spotlight but the next charge is going to be led by gold. Like it always is.

Ah, let him stew.

[Eat Beef]

Come on guys, yes even you, Joe, you gotta admit this thread is more fun than any other!!!

EDIT: Are they still doing that thread of the month thingy?

[Gcubed]

Beef, I nominate YOU to be the umpire on this here wager!

[andial]

You might as well send it now Andial. Silver has had it's turn in the spotlight but the next charge is going to be led by gold. Like it always is.

It's different this time.

[Gcubed]

He's already nervous.

[andial]

Beef, I nominate YOU to be the umpire on this here wager!

Can I sell leveraged derivatives, swaps, etc. on this bet or securitize it in any way so as to resale it to other investors?

[Gcubed]

Can I sell leveraged derivatives, swaps, etc. on this bet or securitize it in any way so as to resale it to other investors?

Whatever ya gots ta do to hedge yer losses my friend!

[Irons]

It's different this time.

Those are the 4 most expensive words in investing.

[andial]

Catch you guys tomorrow.

[Gcubed]

Catch you guys tomorrow.

Count on it!!










Sleep Well My Friend

[Eat Beef]

Beef, I nominate YOU to be the umpire on this here wager!

I'm there. Both of you send your coin to my untraceable PO box.

Don't worry, I'm bonded. That's the same as out on bond, right? Either way I'll get the winner his goods next time I see him.





Did I mention my failing eyesight?

[ccjoe]

I'm there. Both of you send your coin to my untraceable PO box.

Don't worry, I'm bonded. That's the same as out on bond, right? Either way I'll get the winner his goods next time I see him.

http://www.goldsilverchat.com/BBchat...p?f=23&t=15018
Trick question> Do you believe in eat beef and gcube, or Eric Sprott, history, and as he says> the charts?
I'll believe in 16/1 and let g and beef just protest too much. It's their money they're losing Dial.



Did I mention my failing eyesight?

Again> GIM is the only website where you have this arguing against 16/1. Strange how people take an illogical position and then waste everyone's time arguing to assuage their egos.

[jlhlgh]

Again> GIM is the only website where you have this arguing against 16/1. Strange how people take an illogical position and then waste everyone's time arguing to assuage their egos.[/QUOTE]

WOW...lol Talk about the "kettle calling the pot black" One of the best examples I've ever seen

[ccjoe]

Again> GIM is the only website where you have this arguing against 16/1. Strange how people take an illogical position and then waste everyone's time arguing to assuage their egos.

WOW...lol Talk about the "kettle calling the pot black" One of the best examples I've ever seen[/QUOTE]
So Sprott is illogical?
What's your intellectual point if you have one?

[Deweydog]

Funny thread....

16-1, 25-1, 50-1, 70-1.

One thing I do know for sure, silver in very large quantity can be had quite easily.

As "poor mans gold" its image as an undervalued commodity is easily skewed by the 16-1 camp.

Silver had a great run, but the party is over. Very smart money converted their silver holdings to gold. Not so smart "tulip" money bought into silver at $45-49.

Opinions are like butt-holes, we all have one. Next stock market crash gold and silver will drop, silver more like a brick thrown into a pond settling at $22-$25...gold will test high $1300's put me in the 55,60-1 camp.


16-1 in todays world is a continuing pipe-dream for people wanting to convert their bag of silver into a private island off the coast of Italy.
(It just ain't gonna happen)


When I crave wealth, I buy gold. "stay thirsty my friend"

[ccjoe]

Funny thread....

16-1, 25-1, 50-1, 70-1.

One thing I do know for sure, silver in very large quantity can be had quite easily.

As "poor mans gold" its image as an undervalued commodity is easily skewed by the 16-1 camp.

Silver had a great run, but the party is over. Very smart money converted their silver holdings to gold. Not so smart "tulip" money bought into silver at $45-49.

Opinions are like butt-holes, we all have one. Next stock market crash gold and silver will drop, silver more like a brick thrown into a pond settling at $22-$25...gold will test high $1300's put me in the 55,60-1 camp.


16-1 in todays world is a continuing pipe-dream for people wanting to convert their bag of silver into a private island off the coast of Italy.
(It just ain't gonna happen)


When I crave wealth, I buy gold. "stay thirsty my friend"

What's your reasoning?
I like to post experts with proven track records. What's your source that historic 16/1 is not in the cards?

[Irons]

43.11:1 and rising.

[Deweydog]

What's your reasoning?
I like to post experts with proven track records. What's your source that historic 16/1 is not in the cards?

I look at fundamentals, not "historic ratio" re-hashed near babble from the last 800 years.

Putting printing presses aside, what have, and will societies ultimately fall back on as real physical wealth?....G O L D, pure and simple.

Other than bleating the 16-1 historical horn, tell us why it is not there. (skip the conspiracy lectures).

[ccjoe]

I look at fundamentals, not "historic ratio" re-hashed near babble from the last 800 years.

Putting printing presses aside, what have, and will societies ultimately fall back on as real physical wealth?....G O L D, pure and simple.

Other than bleating the 16-1 historical horn, tell us why it is not there. (skip the conspiracy lectures).

You just have to take the 2/3 mins to read the links I put on several posts so you can argue with people who know a helluva more than you.
They are the ones bleating as I'm just the messenger.

[Deweydog]

Sorry, never kill the messenger....

Nothing to argue, hope silver goes nuts and busts the cartel.....just not a firm believer in silver, too much manipulation; and I am not a believer in a "shortage".

I dumped my silver holdings at $40 and converted to Buffalo gold ouncers.
The herd resides safely, easily obtained 8 miles away.

Good luck silver buyers...

[andial]

43.11:1 and rising.

Irons? I come up with 42.89. 1540.00 divided by 35.90?

[Irons]

Irons? I come up with 42.89. 1540.00 divided by 35.90?

I thought today was the day gold took off and silver sat on it's a@@. Mebbe next week.

[Gcubed]

I thought today was the day gold took off and silver sat on it's a@@. Mebbe next week.

Lotsa time Brother Irons. One year from yesterday. 50 aint gunna be NO problem.

[ccjoe]

Lotsa time Brother Irons. One year from yesterday. 50 aint gunna be NO problem.

And the bruins have NO way of beating the canucks after being down 2/0

[Silver Buck]

You just have to take the 2/3 mins to read the links I put on several posts so you can argue with people who know a helluva more than you.
They are the ones bleating as I'm just the messenger.

David Morgan - founder of the Silver Investor - illustrates an informative take on 'expected GSR' in his blog Will Silver Hit New Highs? dated March 10, 2010 as seen by:

Hugh Clarke - vice president of corporate communications for Endeavour Silver Corp, a silver mining company focused on the growth of its silver production, reserves and resources in Mexico

and

Jeffrey Christian - managing director of CPM Group, a commodities market research, consulting, asset management, and investment-banking firm

Excerpt:

Christian concurs with Clarke’s view on the ratio, “At CPM Group we largely ignore the gold/silver ratio. It is largely meaningless as a trading or investment guide. The gold/silver ratio has ranged between 16:1 and 100:1 over the four decades of free gold and silver prices. Some people will point to the average over this time, saying that the price needs to revert to it. There are no economic, geologic, or mathematic reasons to suggest that. People will speak about the reversion to the mean, but they misunderstand what that term means. The concept of reversion to the mean refers to the idea that the return on investments should revert to their mean over the long run. It says nothing about the absolute dollar value, level, or ratio of those investments. Worse still: The concept that all investments revert to their mean return is unsubstantiated by data across financial markets. It is a belief, like the idea that aliens from outer space brought humans to colonize the Earth. You can believe if it helps you to sleep, but investing based on rational expectations has always been just fine for me.”

Can one increase their metal holdings by working the GSR? Absolutely. Just don't get beholden to a belief that things have to be different this time and wait to trade until the ratio gets to 16:1 (or lower). Otherwise, you'll find yourself standing at the station holding your sacks of junk while the 30.xx train leaves the station.

[andial]

The chart does not lie.

http://www.goldismoney2.com/showthre...544#post214544

[Eat Beef]

Again> GIM is the only website where you have this arguing against 16/1. Strange how people take an illogical position and then waste everyone's time arguing to assuage their egos.

Hey, dipstick, isn't this the same drek you were posting BEFORE the GSR took a 40% dive? What are your 'experts' saying about that?

[Gcubed]

Hey, dipstick, isn't this the same drek you were posting BEFORE the GSR took a 40% dive? What are your 'experts' saying about that?

It was pure market manipulation. Silly Rancher!!

[ccjoe]

Hey, dipstick, isn't this the same drek you were posting BEFORE the GSR took a 40% dive? What are your 'experts' saying about that?

Dipstick makes you look bad!
If you cannot come up with facts, namecall.
Try again with facts and not emotional anger based on the fact that you have NO CLUE.
My kids use that tactic beef.

[Gcubed]

Dipstick makes you look bad!
If you cannot come up with facts, namecall.
Try again with facts and not emotional anger based on the fact that you have NO CLUE.
My kids use that tactic beef.

Joe, Beef asked two valid questions. Are you going to address them?

[Eat Beef]

Dipstick makes you look bad!
If you cannot come up with facts, namecall.
Try again with facts and not emotional anger based on the fact that you have NO CLUE.
My kids use that tactic beef.

All apologies. Please allow me to rephrase:

Dearest CCJoe,

Recently you may have noticed that the GSR has moved down over 40%. What are your thoughts about this fact? Also, what do the experts which you follow say about the current reality?

Thank you so much for your time.

Kind reguards,

Eat Beef

[Zed]

Also, what do the experts which you follow say about the current reality?

They suggested altering my medication until my perception was in alignment with my beliefs. What? You think I do this stuff straight? Nahhhhhhhhhhhhhhhhhhhhhhhhhhh

So my advice to all silver bugs is ----> GET BENT!!!!

[ccjoe]

I thought today was the day gold took off and silver sat on it's a@@. Mebbe next week.

Irons----I just had crow for breakfast. I was wrong and you were right. I thought ag would hit 40 by last Friday. Someday Alice......to da moon
I am NOT a day trader so it did not cost me financially.

[ccjoe]

Joe, Beef asked two valid questions. Are you going to address them?

G--- I thought it best and more productive if I just give links which are far more eloquent and knowledgeable than my "bleating."
You know I'm not shy with MY opinions but why say my same chearleading stuff over and over. I'd rather the "experts" voice what I'm feeling. I'm not ducking.

[ccjoe]

All apologies. Please allow me to rephrase:

Dearest CCJoe,

Recently you may have noticed that the GSR has moved down over 40%. What are your thoughts about this fact? Also, what do the experts which you follow say about the current reality?

Thank you so much for your time.

Kind reguards,

Eat Beef

Thanks beef.
I think we all know about the the 6 dollar JP 10 minute deal on 5/1/11. Silver almost hit the JP stock market number which would have cost them billions, hence their panicked shorting at 49+.
At that point IMHO, the new hands also panicked and continued to panic until they were shaken out @ 35 or so. Again JMHO.
It's another anomaly in the GSR which is NOW going to continue it's inexorable march toward the "correct" 16/1> experts opinions.
Beef---Again- I LOVE au BUT silver is obscenely manipulated and underpriced. Coupled with my Asian buying thing which I've mentioned a thousand times, silver will go like PD from this struggling status chugging to 100 into a free and easy movement up to 800 and beyond. Timeframe is impossible to predict, as jim rogers says, BUT it should be within 2 or 3 years as Andial says.
Thanks again for asking politely.
When au and ag skyrocket this coming week, we'll all be in a better mood and make a lot of money.

[ccjoe]

They suggested altering my medication until my perception was in alignment with my beliefs. What? You think I do this stuff straight? Nahhhhhhhhhhhhhhhhhhhhhhhhhhh

So my advice to all silver bugs is ----> GET BENT!!!!

And to think that if barry gets reelected my wife wanted to move down under

[Zed]

And to think that if barry gets reelected my wife wanted to move down under

Don't do it, go away, it is horrible down here, the people are dreadful and you wouldn't like it one little bit. We are all thieving convicts with a bad attitude.... trust me you'd have a dreadful time of it.

[CiscoKid]

And to think that if barry gets reelected my wife wanted to move down under

Down under what?

I have a very good friend in Ferntree Gully, Australia and we converse regularly. He tells me that conditions in Australia aren't really any better than what we are facing. Housing bubble, liberal government wanting to put everybody on the 'dole', excessive property crime because young people have no will to work, etc... He is a business owner and complains that he can't get any decent help because their .gov pays the youth too well to stay home and watch television. Half a world away and yet things seem very similar to here. I'll stay in the States where at least I can walk around with a .45 on me.

[ccjoe]

Down under what?

I have a very good friend in Ferntree Gully, Australia and we converse regularly. He tells me that conditions in Australia aren't really any better than what we are facing. Housing bubble, liberal government wanting to put everybody on the 'dole', excessive property crime because young people have no will to work, etc... He is a business owner and complains that he can't get any decent help because their .gov pays the youth too well to stay home and watch television. Half a world away and yet things seem very similar to here. I'll stay in the States where at least I can walk around with a .45 on me.

Come on Cisco. Don't destroy our fantasy

[andial]

Back on track. Anybody who has switched out their Gold for Silver over the last year has done well, very well.

[Eat Beef]

Andial, just busting your balls here, but it looks to me like anyone who's traded gold for silver in the last 4 months is either flat or severely underwater.

[Eat Beef]

Thanks beef.
I think we all know about the the 6 dollar JP 10 minute deal on 5/1/11. Silver almost hit the JP stock market number which would have cost them billions, hence their panicked shorting at 49+.
At that point IMHO, the new hands also panicked and continued to panic until they were shaken out @ 35 or so. Again JMHO.
It's another anomaly in the GSR which is NOW going to continue it's inexorable march toward the "correct" 16/1> experts opinions.
Beef---Again- I LOVE au BUT silver is obscenely manipulated and underpriced. Coupled with my Asian buying thing which I've mentioned a thousand times, silver will go like PD from this struggling status chugging to 100 into a free and easy movement up to 800 and beyond. Timeframe is impossible to predict, as jim rogers says, BUT it should be within 2 or 3 years as Andial says.
Thanks again for asking politely.
When au and ag skyrocket this coming week, we'll all be in a better mood and make a lot of money.

Joe, thanks for being civil. I'll try to do the same, but admittedly, it's an uphill battle for me.

My point is that, while I believe someday we'll hit 16:1, it won't be in one big move. There will be back and forth, and there will be a lot of money to be made on the ebb and flow.

Bottom line is that none of the issues you say beat down silver have gone away, and none of the ones you say will make it rise are new. The fundamental underlying story is worth bupkis, the only thing real is the price/ratio TODAY. Full Stop.