Daily GSR - Gold/Silver/Ratio Thread

[CiscoKid]

Well, I'm rather heavy in silver right now. Wheelbarrow heavy. My immediate plan is to focus on adding to my gold stack between now and November. If the GSR hits thirty-anything in the next couple of months I will use that opportunity to trade silver for gold. I plan to add ten to twenty ounces of gold to my stack in the next four weeks. Got too many worthless FRNs gathering dust in the bank. I keep watching the price hoping for sixteen hundreds again before pulling the trigger. I like silver. Silver has got me some nice gold on the cheap. But I can't bring myself to trust it. That is my four month plan.

[andial]

which direction do folks see the GSR heading between now and the winter holidays?

Thirty something, = down.

[Silver Buck]

I just tossed together a chart I did for another thread and felt it belonged here.

Whenever there is a sharp drop, there is a distinct proportional rebound. With the recent drop, if history rhymes, we are looking at mid 50's in the near future.

[lhslancers3270]

Well, I'm rather heavy in silver right now. Wheelbarrow heavy. My immediate plan is to focus on adding to my gold stack between now and November. If the GSR hits thirty-anything in the next couple of months I will use that opportunity to trade silver for gold. I plan to add ten to twenty ounces of gold to my stack in the next four weeks. Got too many worthless FRNs gathering dust in the bank. I keep watching the price hoping for sixteen hundreds again before pulling the trigger. I like silver. Silver has got me some nice gold on the cheap. But I can't bring myself to trust it. That is my four month plan.

I think that you will see the metals correct somewhat from here. The trade might be Gold for Silver if you can part with the good stuff. Might be a low later this Fall.

[Irons]

70:1 by mid December.

[ccjoe]

Welcome back ccjoe and jlhigh, it's been a tad quiet of late.

With most of the economic issue deadlines past us (debt ceiling, jobs and unemployment reports, Fed meeting), which direction do folks see the GSR heading between now and the winter holidays?

Gold appears to be steadily headed up while Silver is tracking mostly sideways with maybe a very slight trend up, so I'm going to call a GSR of 50:1 before the 1st of December with the end of December seeing the GSR drop significantly (below 45:1 at the least) as Gold holders take profits before the 1st of the year.

Just my 2 pfennigs worth.

Every day I wake and silver is below 150 (the high in 1980 adjusted for inflation) I'm shocked so who the hell knows?
I still am pissed off by the crime of 1873 which is still haunting the silver market to this day.
I posted this before but for those who may not be familiar> http://en.wikipedia.org/wiki/Coinage_Act_of_1873

[lhslancers3270]

Every day I wake and silver is below 150 (the high in 1980 adjusted for inflation) I'm shocked so who the hell knows?
I still am pissed off by the crime of 1873 which is still haunting the silver market to this day.
I posted this before but for those who may not be familiar> http://en.wikipedia.org/wiki/Coinage_Act_of_1873

Charts discount everything Joe. In other words quoting adjusted for inflation doesn't mean anything.

[andial]

we are looking at mid 50's in the near future.

It could happen, but me thinks you discount the battle that is happening here at the 45 level. I consider 45 Gold's maginot line, fortified and impressive but doomed to fail.

[Silver Buck]

It could happen, but me thinks you discount the battle that is happening here at the 45 level. I consider 45 Gold's maginot line, fortified and impressive but doomed to fail.

45 does seem to be showing great resistance on the move up, and 44 on the way down.

If Gold resumes its climb toward $2000 and pulls Silver along at sub-45:1 I won't complain about $45 Silver.

[Fiat Metaler]

I just tossed together a chart I did for another thread and felt it belonged here.

Whenever there is a sharp drop, there is a distinct proportional rebound. With the recent drop, if history rhymes, we are looking at mid 50's in the near future.

your chart does not show the breakout through long term resistance at 38 this year down to 32. that chart either leaves off all of 2011 or is simply inaccurate because the GSR was in the 30s earlier this year.

as for the GSR for the rest of this year, i try to consider why things in the past have happened. i think this year we band seeing massive short covering in the comex silver and that is driving GSR towards its historical 16 (towards it, not all the way to it necessarily). I think the USA downgrade triggered a massive short covering rally in gold while the juniors were manning the desks, cause the GSR to spike temporarily. we are starting to see that reverse. silver has really built a base and i think it will start to outperform. wildcard is what happens this fall with the sovereign debt issue in europe - it could easily spark a credit crunch that echoes 2008 and a rush into gold. still the silver situation is a coiled spring and could propel silver much higher than gold i think

[Silver Buck]

your chart does not show the breakout through long term resistance at 38 this year down to 32. that chart either leaves off all of 2011 or is simply inaccurate because the GSR was in the 30s earlier this year.

Here's a more current chart:



Typically, when there is a sudden and substantial drop in GSR there is a sudden rebound of about half of the drop. I may work through actual numbers to see how close it is to half and would like to determine what the minimum short term rebound is.

Anyway, if we went from 70 to 32, that is a 38 point drop with an anticipated rebound of 19 which puts us right at 51. I say that we are going into the mid 50s for Fundamental reasons:

Run to Gold for Wealth Save Haven.
Indian Wedding Season begins next month.

As far as that 16:1 'desired' GSR goes, it concerns me less and less with each passing post. To me it is nothing more than a marketing tool to encourage folks to purchase Silver with a 'promise' that we well get there - someday.

I am more interested in taking advantage of the GSR swings that always happen and how best to take advantage of them.

[Irons]

Looks like it flirts with 30:1 every thirty years or so. Hope Y'all got lots of time!~~

[rodzm]

Here's a more current chart:



Typically, when there is a sudden and substantial drop in GSR there is a sudden rebound of about half of the drop. I may work through actual numbers to see how close it is to half and would like to determine what the minimum short term rebound is.

Anyway, if we went from 70 to 32, that is a 38 point drop with an anticipated rebound of 19 which puts us right at 51. I say that we are going into the mid 50s for Fundamental reasons:

Run to Gold for Wealth Save Haven.
Indian Wedding Season begins next month.

As far as that 16:1 'desired' GSR goes, it concerns me less and less with each passing post. To me it is nothing more than a marketing tool to encourage folks to purchase Silver with a 'promise' that we well get there - someday.

I am more interested in taking advantage of the GSR swings that always happen and how best to take advantage of them.

Its funny because i actually noticed the 38 drop bit of info a few weeks ago. Its happened several times already which brought us as you mentioned a bounce of about 19 from the lows. I too expect 55 in the short term, perhaps within the next 6 to 8 months

[Silver Buck]

Looks like it flirts with 30:1 every thirty years or so. Hope Y'all got lots of time!~~

At that time I'll trade all of my Silver for Gold one last time.

I just hope I can carry my Silver to the car at that time.

[Silver Buck]

Its funny because i actually noticed the 38 drop bit of info a few weeks ago. Its happened several times already which brought us as you mentioned a bounce of about 19 from the lows. I too expect 55 in the short term, perhaps within the next 6 to 8 months

It's almost eerie as to how it repeats in proportional drop/rebound. It does make sense since there is a natural ebb and flow to the market.

[Irons]

At that time I'll trade all of my Silver for Gold one last time.

I just hope I can carry my Silver to the car at that time.

I already did, I'm waiting to see if I ever buy silver to trade again.

If the ratio stays in the 40's why bother I'll just keep buying Gold. I doubt it will though, I'm suprised it hasn't boinged back to the 60's already.

[Gcubed]

It's almost eerie as to how it repeats in proportional drop/rebound. It does make sense since there is a natural ebb and flow to the market.

SB, You can lead a horse to water...

I'll check back in in a month or so. You all take care!

'cubed

[Irons]

SB, You can lead a horse to water...

I'll check back in in a month or so. You all take care!

'cubed

I figured you got yerself a KLR and are out terrorizing the desert with Spike.~

[rodzm]

It's almost eerie as to how it repeats in proportional drop/rebound. It does make sense since there is a natural ebb and flow to the market.

Well a bounce from the lows of 25 to 32 is likely in the short term which would put us roughly at about a range of 57-64 for a high GSR. 55 is in the books later this year perhaps beginning of next year arounf February time frame

[Fiat Metaler]

Looks like it flirts with 30:1 every thirty years or so. Hope Y'all got lots of time!~~

you are correct if you are looking over just the past 30 years. n = 1.

[Fiat Metaler]

It's almost eerie as to how it repeats in proportional drop/rebound. It does make sense since there is a natural ebb and flow to the market.

there is a lot of analysis that has been done with these sorts of movements in other contexts. google Fibonnacci retracement.

the problem with this sort of technical analysis is that it works until it doesn't. Taleb gives the example of the farmer who feeds a turkey for 1,000 straight days right up until Thanksgiving when he slaughters the turkey for his dinner. if you plot the data, there is an excellent correlation between the feedings and the weight of the turkey, right up until Thanksgiving in Year 3 when the turkey dies.

the point is it is very easy to convince yourself that there is meaning in something that ultimately is meaningless.

[Silver Buck]

there is a lot of analysis that has been done with these sorts of movements in other contexts. google Fibonnacci retracement.

the problem with this sort of technical analysis is that it works until it doesn't. Taleb gives the example of the farmer who feeds a turkey for 1,000 straight days right up until Thanksgiving when he slaughters the turkey for his dinner. if you plot the data, there is an excellent correlation between the feedings and the weight of the turkey, right up until Thanksgiving in Year 3 when the turkey dies.

the point is it is very easy to convince yourself that there is meaning in something that ultimately is meaningless.

It is as though you are asking me to ignore what I clearly see and that the Sun will surely rise in the East until the Sun burns out.

Are you of the opinion that basic market ebb and flow has disappeared from the Gold and Silver market and that one should ignore past patterns?

If so, what are you basing your assumptions on? Has the Indian Wedding Season been canceled and the Indian demand for Gold eliminated?

[Irons]

you are correct if you are looking over just the past 30 years. n = 1.

Charts only go back to 1973, before then there was no real ratio because the prices were set.

This is only using the US as an example.

[andial]

Charts only go back to 1973, before then there was no real ratio because the prices were set.

I could be wrong but I don't think I am but I have read that Gold traded close to 70 bucks an ounce in Switzerland near the end of WW2. So that would put the GSR at around 70 in 1945 . So from 1945 to 1980 the GSR went from 70 to the teens. If that story I read about Gold trading at 70 bucks an ounce in Switzerland in 1945 is true.

[Silver Buck]

I could be wrong but I don't think I am but I have read that Gold traded close to 70 bucks an ounce in Switzerland near the end of WW2. So that would put the GSR at around 70 in 1945 . So from 1945 to 1980 the GSR went from 70 to the teens. If that story I read about Gold trading at 70 bucks an ounce in Switzerland in 1945 is true.

I have seen recently where the GSR was below 10:1 in some countries 100s of years ago.

The difference between then and now is that metals are no longer currency, we live in a Global Fiat Economy.

Also, I am not concerned at what level the GSR is at, just that it is going to swing and have these sudden plunges with a rebound.

[Irons]

I could be wrong but I don't think I am but I have read that Gold traded close to 70 bucks an ounce in Switzerland near the end of WW2. So that would put the GSR at around 70 in 1945 . So from 1945 to 1980 the GSR went from 70 to the teens. If that story I read about Gold trading at 70 bucks an ounce in Switzerland in 1945 is true.

You're right Andial I should have been more clear. I was only using the US as an example.

Apparently my world is small this AM.

[ccjoe]

It is as though you are asking me to ignore what I clearly see and that the Sun will surely rise in the East until the Sun burns out.

Are you of the opinion that basic market ebb and flow has disappeared from the Gold and Silver market and that one should ignore past patterns?

If so, what are you basing your assumptions on? Has the Indian Wedding Season been canceled and the Indian demand for Gold eliminated?

You ARE ignoring what I first saw at the Malls Labor Day 09> Indians buying everything. They won't be able to afford gold and they and the Chinese have 1000's of years of history having silver as money along with goldhttp://www.goldmoney.com/gold-research/indian-gold-and-silver-demand-diverging.html
There are 100s of articles that you can just google Buck.
It's all there if people can only extrapolate and digest the info appropriately for investment purposes.
Silver WILL outperform gold 2-3/1 for the next decade as it has for years now.
gsr closing in on 40/1 of course after irons, curm, et al saying the "70/1 " cheerleading rants.
Rants and delusions do NOT a market make.

[Silver Buck]

You ARE ignoring what I first saw at the Malls Labor Day 09> Indians buying everything. They won't be able to afford gold and they and the Chinese have 1000's of years of history having silver as money along with goldhttp://www.goldmoney.com/gold-research/indian-gold-and-silver-demand-diverging.html
There are 100s of articles that you can just google Buck.
It's all there if people can only extrapolate and digest the info appropriately for investment purposes.
Silver WILL outperform gold 2-3/1 for the next decade as it has for years now.
gsr closing in on 40/1 of course after irons, curm, et al saying the "70/1 " cheerleading rants.
Rants and delusions do NOT a market make.

I can also Google 'slavery' and if I base my next business venture on the merits of owning Slavery on old concepts I am setting myself up for failure.

The world no longer uses metal coins for currency; therefore, I will not make my decisions as though it is, or will be any time soon.

I am no longer concerned if Silver should be at any GSR regardless of the past or what others 'believe' that it should be. For this thread I am primarily interested in the fact that until the fundamentals change the GSR will have its steady ebb and flow, just like the tides of the ocean, and every now and then there will be a rogue tidal wave that will cause an anticipated rebound.

[ccjoe]

I can also Google 'slavery' and if I base my next business venture on the merits of owning Slavery on old concepts I am setting myself up for failure.

The world no longer uses metal coins for currency; therefore, I will not make my decisions as though it is, or will be any time soon.

I am no longer concerned if Silver should be at any GSR regardless of the past or what others 'believe' that it should be. For this thread I am primarily interested in the fact that until the fundamentals change the GSR will have its steady ebb and flow, just like the tides of the ocean, and every now and then there will be a rogue tidal wave that will cause an anticipated rebound.

I anticipated your analogous response to my link/100's possible from experts and I figured it would be ludicrously hyperbolic as it was.
Just to explain, this stuff is NOT meant for those 10 or others who cannot change. It is human nature to determine a position and spend the rest of your life defending it.
I was excoriated by irons? for being all over the place mentally, and I am guilty as charger> thank God. Therefore my esoteric, generic, liberal arts stuff I post is for those who can think independently of the MSM. I TRY everyday to change and ameliorate my thought processes as it is so important to be mentally nubile in this crisis environment.

[curmudgeonista]

Rants and delusions do NOT a market make.

You said it!

Why, oh, why then do you continue to call your rants FACT and everyone else's delusional?

...this stuff is NOT meant for those 10 or others who cannot change.

I'm not talking about overpriced "investment grade" copper or "high-tech" security facilities or celebrity worship, I'm talking about your conjecture of what the the future will bring. Whether it holds or not, gold's recent run-up and the rise in the GSR in the face of your previous denial of both proves beyond a shadow of a doubt that you are by far the one here most unable to change and most unwilling to go with the flow.

Joe, after returning from your most recent banning you made a point of brown-nosing the Mod's with this little tidbit:

All I ask is that you read the thread and realize that I was attacked and responded.
Your heart is in the right place though tn, so thanks.
joe

If you think it matters so much who starts a tiff, like it was some schoolyard he-said/she-said, why then do you continually, and unprovoked, attack and insult "the 10"? I'm telling you, with your legendary hypocrisy and lack of moral fiber you really should be a Democrat. I think we still owe them a player-to-be-named-at-future-date from that Dick Morris trade. I'd be more than happy to send you on over, Red Rover.

[lightcycler]

I think we still owe them a player-to-be-named-at-future-date from that Dick Morris trade. I'd be more than happy to send you on over, Red Rover.

I'm not joining any sides here but that stuff was just too funny not to laugh. Thanks for that

[Irons]

I'm not joining any sides here but that stuff was just too funny not to laugh. Thanks for that

Old 'Curm is a piece of work, ain't he?

[jlhlgh]

"I TRY everyday to change and ameliorate my thought processes as it is so important to be mentally nubile in this crisis environment."

Nubile....nubile , definition of nubile , meaning of nubile - 1 ( adj ) marriageable, nubile of girls or women who are eligible to marry 1 ( adj ) nubile of an age suitable for marriage; marriageable Adj . 1 . nubile - of girls or women who are eligible to marry marriageable mature - having reached full natural growth or development; "a mature cell"
nubile adjective attractive, sexy ( informal ) , desirable, ripe ( informal ) , marriageable He came on stage flanked by two scantily-clad young nubile beauties

Just trying to understand the the sentence???

[lhslancers3270]

"I TRY everyday to change and ameliorate my thought processes as it is so important to be mentally nubile in this crisis environment."

Nubile....nubile , definition of nubile , meaning of nubile - 1 ( adj ) marriageable, nubile of girls or women who are eligible to marry 1 ( adj ) nubile of an age suitable for marriage; marriageable Adj . 1 . nubile - of girls or women who are eligible to marry marriageable mature - having reached full natural growth or development; "a mature cell"
nubile adjective attractive, sexy ( informal ) , desirable, ripe ( informal ) , marriageable He came on stage flanked by two scantily-clad young nubile beauties

Just trying to understand the the sentence???

Ya got me. I had to pull out the dictionary for Joe's posts today. Quite impressive actually.

[Rusty Shackelford]

I think he meant to type nimble. Probably typed that in one of the 15 seconds of every minute that guys think about sex. Must be a freudian slip, if I had to guess.

[Silver Buck]

I am still sorting through this bit:

"esoteric, generic, liberal"

I presented joe's post to some high school students (who know nothing about GIM) to analyze but one paragraph. This is my best response so far:

"That man is a mix of Shakespeare, Poe, Faulkner, Dante, and Homer.

Why isn't this man famous yet?"

[ccjoe]

"I TRY everyday to change and ameliorate my thought processes as it is so important to be mentally nubile in this crisis environment."

Nubile....nubile , definition of nubile , meaning of nubile - 1 ( adj ) marriageable, nubile of girls or women who are eligible to marry 1 ( adj ) nubile of an age suitable for marriage; marriageable Adj . 1 . nubile - of girls or women who are eligible to marry marriageable mature - having reached full natural growth or development; "a mature cell"
nubile adjective attractive, sexy ( informal ) , desirable, ripe ( informal ) , marriageable He came on stage flanked by two scantily-clad young nubile beauties

Just trying to understand the the sentence???

I'm just laughing my ass off at you ji with your heartfelt put me on ignore.
Like anyone believes anything you say.

[ccjoe]

Ya got me. I had to pull out the dictionary for Joe's posts today. Quite impressive actually.

Occasionally I just let it fly indigenously without dumbin it down knowing I'll get ball busted EXCEPT for 3270

[ccjoe]

You said it!

Why, oh, why then do you continue to call your rants FACT and everyone else's delusional?



I'm not talking about overpriced "investment grade" copper or "high-tech" security facilities or celebrity worship, I'm talking about your conjecture of what the the future will bring. Whether it holds or not, gold's recent run-up and the rise in the GSR in the face of your previous denial of both proves beyond a shadow of a doubt that you are by far the one here most unable to change and most unwilling to go with the flow.

Joe, after returning from your most recent banning you made a point of brown-nosing the Mod's with this little tidbit:


If you think it matters so much who starts a tiff, like it was some schoolyard he-said/she-said, why then do you continually, and unprovoked, attack and insult "the 10"? I'm telling you, with your legendary hypocrisy and lack of moral fiber you really should be a Democrat. I think we still owe them a player-to-be-named-at-future-date from that Dick Morris trade. I'd be more than happy to send you on over, Red Rover.

You are funny curm as even my worst enemies have NEVER accused me of brown nosing.
Just ftr---- I got expelled from my Catholic High School for writing an essay on the racism of the Catholic Church.
I guess you just have to find something old curm in every post.
Either too esoteric, too kind, too buffoonish.
Do like ji and put me on ignore like he promised.
Do us all a favor curm and ignore yourself.
Actually you are my fav troll> no offense to irons, zed.

[lhslancers3270]

Occasionally I just let it fly indigenously without dumbin it down knowing I'll get ball busted EXCEPT for 3270

Joe using the road less traveled. Don't often see that used that way. Once again.

[ccjoe]

I am still sorting through this bit:

"esoteric, generic, liberal"

I presented joe's post to some high school students (who know nothing about GIM) to analyze but one paragraph. This is my best response so far:

"That man is a mix of Shakespeare, Poe, Faulkner, Dante, and Homer.

Why isn't this man famous yet?"

I try like hell to dumb it down as I mentioned in my last post as business is not my thing as everyone here is constantly reminding me.
I have just 2 talents: thinking and feeling. Luckily few others have those qualities.
Now let it fly!!!

[ccjoe]

Well a bounce from the lows of 25 to 32 is likely in the short term which would put us roughly at about a range of 57-64 for a high GSR. 55 is in the books later this year perhaps beginning of next year arounf February time frame

Now this is one hilarious post rod esp since I believe you're serious?

[ccjoe]

I think he meant to type nimble. Probably typed that in one of the 15 seconds of every minute that guys think about sex. Must be a freudian slip, if I had to guess.

NO Rusty as I meant nubile in a connotative sense.
I don't have time teach this stuff that few understand but I think I actually picked this up in Dayton 40 years ago.
http://en.wikipedia.org/wiki/Talk%3ANubile
Here's some help as I just NOW looked this up. 3/4 the way down ready, coming of age.
I thought maybe ONE person could see and understand the humor.
Someone PMed me and warned me of the scorn and I told them that sometimes I just put things down that few others can understand and don't care about deleterious ramifications. Put me on ignore or get a frickin dictionary

[gpond]

[I'm double posting this because I posted in a different thread but meant to post it here, so sue me.]

Couple of charts, as this is how I look at things.

1st Chart is long term Gold vs. Silver. Yep, Gold has gotten quite a bounce vs. Silver, but in this chart one certainly has to see that in the context of the long-term downward sloping demeanor of the thing. Silver has outperformed Gold since near the end of 2008, (spectacularly), and this trend is not close to being threatened in this LT chart.

2nd Chart is short term Gold vs. Silver. Gold has gotten a bounce here too, but still moving below it's bearish resistance line. Notice that as the G/S line moved towards its bearish resistance line, it triggered a double bottom sell signal. I can't remember the exact name of the formation at this time, but it is clearly a market reversal type of pattern. From the chart one would expect G vs. S chart to continue downwards in keeping with the overall trend, and this market reversal is a good marker for that.

I don't have a dog in the fight, mentally. Based on these 2 charts one would expect Silver to continue to outperform Gold in both short and long term. JM2c.

[edit: Looked it up. 2nd chart displays a "double bottom reversal pattern."]

[Silver Buck]

[I'm double posting this because I posted in a different thread but meant to post it here, so sue me.]

Couple of charts, as this is how I look at things.

1st Chart is long term Gold vs. Silver. Yep, Gold has gotten quite a bounce vs. Silver, but in this chart one certainly has to see that in the context of the long-term downward sloping demeanor of the thing. Silver has outperformed Gold since near the end of 2008, (spectacularly), and this trend is not close to being threatened in this LT chart.

2nd Chart is short term Gold vs. Silver. Gold has gotten a bounce here too, but still moving below it's bearish resistance line. Notice that as the G/S line moved towards its bearish resistance line, it triggered a double bottom sell signal. I can't remember the exact name of the formation at this time, but it is clearly a market reversal type of pattern. From the chart one would expect G vs. S chart to continue downwards in keeping with the overall trend, and this market reversal is a good marker for that.

I don't have a dog in the fight, mentally. Based on these 2 charts one would expect Silver to continue to outperform Gold in both short and long term. JM2c.

[edit: Looked it up. 2nd chart displays a "double bottom reversal pattern."]

This is what I see:

[curmudgeonista]

I am still sorting through this bit:

"esoteric, generic, liberal"

I presented joe's post to some high school students (who know nothing about GIM) to analyze but one paragraph. This is my best response so far:

"That man is a mix of Shakespeare, Poe, Faulkner, Dante, and Homer.

Why isn't this man famous yet?"

Not sure about the others, but on that last one I suspect they meant Homer Simpson.

[lightcycler]

This is what I see:

I think a saw Waldo in there!

[Irons]

I think a saw Waldo in there!

Good one!~ LOL charts just make me dizzy so I really don't bother looking at them.

[Fiat Metaler]

Charts only go back to 1973, before then there was no real ratio because the prices were set.

This is only using the US as an example.

gold was fixed from the mid to late 1800s to 1971, but sliver was not. so the GSR had some meaning even during the last 100 years. what it shows is that the demonetization of silver resulted in a glut in the U.S. We are working through that glut, probably already have, and that is why silver has risen from $4. that and the fact that silver has an intrinsic value greater than $4. humans for centuries exchanged your valuable gold for silver at a ratio of 16:1. that history is like one of Sinclair's angels pulling the GSR towards it.

listen, i'm not beholded to silver or gold. i'm just trying to test my hypotheses about where the ratio is going so i can make a buck, just like you. but you seem to have been smart enough to profit from a declining GSR recently. why do you think it declined? why did the GSR go to 38, which is lower than it was during most all of the 20th century? to me, its the intrinsic/historic GSR ratio expressing itself as a result of the paper money standard.

i may be early on the GSR turning, but i think it will go to at least 25 during this crisis. and it seems to have changed direction after retracing to 46. for the last 24 hours, its been range bound in the 44s, no longer the 45s or 46s.

[Fiat Metaler]

It is as though you are asking me to ignore what I clearly see and that the Sun will surely rise in the East until the Sun burns out.

Are you of the opinion that basic market ebb and flow has disappeared from the Gold and Silver market and that one should ignore past patterns?

If so, what are you basing your assumptions on? Has the Indian Wedding Season been canceled and the Indian demand for Gold eliminated?

i'm just suggesting that it is possible that what you are doing is the equivalent of anaylzing the chart of QQQ from 1996-1999 and making a danger extrapolation from a narrow set of data. I'm suggesting that you consider the data that you are looking at with data from a longer time perspective and try to reconcile that data.