Daily GSR - Gold/Silver/Ratio Thread

[Zed]

I need new spectacles.

Go braille!

[ccjoe]

When you hear the 50/1 to 70/1 crowd start crowing about that gsr being the indigenous norm, it's good to hear the "real" experts like Eric Sprott and John Embry say that soon it will be 10/1----15/1 historical gsr before this bull run is finished>http://www.kingworldnews.com/kingwor...ohn_Embry.html
I predict I will get criticized even though it's John's audio and I also will go out on the limb and say that NOT ONE of the gold 70/1 gsr crowd will even hear this audio before spewing their talking points.

[Irons]

When you hear the 50/1 to 70/1 crowd start crowing about that gsr being the indigenous norm, it's good to hear the "real" experts like Eric Sprott and John Embry say that soon it will be 10/1----15/1 historical gsr before this bull run is finished>http://www.kingworldnews.com/kingwor...ohn_Embry.html
I predict I will get criticized even though it's John's audio and I also will go out on the limb and say that NOT ONE of the gold 70/1 gsr crowd will even hear this audio before spewing their talking points.

Thats because your hero's are talking heads who get paid for saying what thier audience wants to hear, and are obviously in bed with companies that push silver.


EDIT: Just about 44:1 now 8:30 AM Friday

[Rusty Shackelford]

Curious as to why joe put the words real experts in quotes??? I know any time I use quotes around words or phrases it is usually to indicate hyperbole or sarcasm.......

[jogslvr]

It was nice while it lasted. My last trade was a 10oz bar for a 10gram bar. I thot it made for easy calculating - 1 ounce Ag to 1 gram of Au. I was hoping dat would last a little longer.

[Irons]

It was nice while it lasted. My last trade was a 10oz bar for a 10gram bar. I thot it made for easy calculating - 1 ounce Ag to 1 gram of Au. I was hoping dat would last a little longer.

It's not over, getting 80 oz of silver for one oz of gold is next!~

[coopersmith]

I think I need to trade more silver for gold. Moved the horde last nite and nearly gave myself a hernia........

[ccjoe]

It's not over, getting 80 oz of silver for one oz of gold is next!~

Waste 3 minutes and forty seconds on this irons http://www.watchingtheworld.org/1313...-to-gold-ratio
You are foolish for going against 5000 years of history and as the Sgt says, it should be 10/1 and will be.

[ccjoe]

Thats because your hero's are talking heads who get paid for saying what thier audience wants to hear, and are obviously in bed with companies that push silver.


EDIT: Just about 44:1 now 8:30 AM Friday

I don't want to hear anything but the truth.
What is your truth irons in response to the Embry, Sprotts, and so many others who say 10/1-15/1 is and will be the gsr.
They gave all their reasons and you say nothing but personal insults to somehow obfuscate your lack of understanding to respond appropriately.
See if you can respond to all the arguments for 15/1 gsr?

[Deweydog]

My old neighbor bobby orr will be skating in hell the day the gsr hits even 50/1 let alone 80/1 or 90/1.

in-line skates work well on hot asphalt...going to be a sad day for the wide eye cheerleaders when silver wilts to mid twenties...

[Irons]

I don't want to hear anything but the truth.
What is your truth irons in response to the Embry, Sprotts, and so many others who say 10/1-15/1 is and will be the gsr.
They gave all their reasons and you say nothing but personal insults to somehow obfuscate your lack of understanding to respond appropriately.
See if you can respond to all the arguments for 15/1 gsr?

Look ccjoe, I don't follow ANY financial advisors anymore and haven't for years for the simple reason I have never found one who doesn't have an agenda, period.

Franklin Sanders is the only PM prediction guy I read occasionally, manily because he really doesn't try to tell people anything,

he just points things out and pokes fun at himself when he is wrong, which is often.

Besides, there are so many so called experts out there because people naturally will listen to the people who tell them what they want to hear.

So why waste my time? I don't need daily affirmations. Good Luck out there!

[rodzm]

I don't want to hear anything but the truth.
What is your truth irons in response to the Embry, Sprotts, and so many others who say 10/1-15/1 is and will be the gsr.
They gave all their reasons and you say nothing but personal insults to somehow obfuscate your lack of understanding to respond appropriately.
See if you can respond to all the arguments for 15/1 gsr?

Hey Joe where will you be in decades when and if the GSR gets that low...hell for all we know the GSR may not dip back in the low 30s or below that in another 30 years.

Im sure youre willing to wait. The "Thank You" and the "75:1" Crowd will be cheering you on all trhe way while we make money and your copper and silver stagnates. Remember gold is the money of kings...want to live and be like a king then get gold and use silver to get it. Best of luck to you...in the world of leadership you are clearly a follower. Its ok, a leader needs to have followers like you so that we can make more money

[ccjoe]

in-line skates work well on hot asphalt...going to be a sad day for the wide eye cheerleaders when silver wilts to mid twenties...

So do you handle more billions than sprott, embry, et all dog? They are all cheerleaders who I'm quoting but you don't have the balls to call them cheerleaders so you call me the messenger, the cheerleader.
You seem to be awfully confident for an internet nobody.

[Rusty Shackelford]

Joe I watched the 3 min video and the guy gave no solid reason or evidence that 15 or 10 to 1 would happen other then the 5000 year argument you always mention.

If you look at his mining chart and argument of 170 mill oz of Ag compared to 18 mill oz of Au resulting in 9.5 to 1 and a GSR at the time of 38, then why not go even bigger. Using his same argument there are 170 mill oz of Ag compared to 1.5 mill oz of Pd. Currently 20 oz of Ag will buy you an oz of Pd, but mining data says it should be 115 oz of silver to get an oz of Pd. So why not go all in with Pd as Silverbach says it has more upside potential using the same argument you "guy" is using in the video.

PS I am intrigued by Pd just not got the fortitude to make a huge play with that wild beast.

[ccjoe]

Joe I watched the 3 min video and the guy gave no solid reason or evidence that 15 or 10 to 1 would happen other then the 5000 year argument you always mention.

If you look at his mining chart and argument of 170 mill oz of Ag compared to 18 mill oz of Au resulting in 9.5 to 1 and a GSR at the time of 38, then why not go even bigger. Using his same argument there are 170 mill oz of Ag compared to 1.5 mill oz of Pd. Currently 20 oz of Ag will buy you an oz of Pd, but mining data says it should be 115 oz of silver to get an oz of Pd. So why not go all in with Pd as Silverbach says it has more upside potential using the same argument you "guy" is using in the video.

PS I am intrigued by Pd just not got the fortitude to make a huge play with that wild beast.

Okay Rusty. Fair enough.
http://www.zerohedge.com/article/eri...-single-digits
Read this 5 minute piece and if ANYONE can refute Sprott, et al, I'll gladly reconsider the inexorability of 15/1 or even 9/1 which this article is calling for.
I LISTEN to literally hundreds of people EVERYDAY but follow no one, he is not my guy.
I like Pd and I like gold too but silver will be 15/1 and I have most of my eggs in that basket.

[ccjoe]

Hey Joe where will you be in decades when and if the GSR gets that low...hell for all we know the GSR may not dip back in the low 30s or below that in another 30 years.

Im sure youre willing to wait. The "Thank You" and the "75:1" Crowd will be cheering you on all trhe way while we make money and your copper and silver stagnates. Remember gold is the money of kings...want to live and be like a king then get gold and use silver to get it. Best of luck to you...in the world of leadership you are clearly a follower. Its ok, a leader needs to have followers like you so that we can make more money

The truth is cu IS stagnating and that is a hedge for me as king copper goes as industry goes.
We're talking about silver Rod so don't obfuscate please.
Why am I a follower by buying 50 grand of copper before anyone?
You seem to be unhinged Rod.
Is the coli getting to you?
I lead Rod, but like any leaders, I LISTEN more than I talk. Read the posts, roughly 10 busting my balls posts to one of mine.
Rod-- An idea- give an intelligent reason why 15/1 won't happen. Why are Sprott, Embry, Shiff, Rogers, Sgt bull, Maloney, and most everyone wrong?
Why Rod?

[ccjoe]

Look ccjoe, I don't follow ANY financial advisors anymore and haven't for years for the simple reason I have never found one who doesn't have an agenda, period.

Franklin Sanders is the only PM prediction guy I read occasionally, manily because he really doesn't try to tell people anything,

he just points things out and pokes fun at himself when he is wrong, which is often.

Besides, there are so many so called experts out there because people naturally will listen to the people who tell them what they want to hear.

So why waste my time? I don't need daily affirmations. Good Luck out there!

Fair enough BUT you WASTE a lot of time defending gold and 70/1 irons with NO valid reasons other than you think you are smarter than sprott, embry, et al. which is crazy hubris.
YOU ARE NOT irons and like me and dog you are an internet nobody. Just deal with it or upgrade to giving us cheerleaders valid reasons why you think we may be wrong.

[Irons]

Fair enough BUT you WASTE a lot of time defending gold and 70/1 irons with NO valid reasons other than you think you are smarter than sprott, embry, et al. which is crazy hubris.
YOU ARE NOT irons and like me and dog you are an internet nobody. Just deal with it or upgrade to giving us cheerleaders valid reasons why you think we may be wrong.

You are right again, its different this time.~

Note to self: re read a couple chapters of Arguing with idiots. Drink a beer.

[Rusty Shackelford]

The industrial side of the silver equation will be a huge limiting factor in any rise in silver prices that would equal a 16:1 or better. Just look at what we did with the release of the oil reserves in a vain attempt to keep gas prices from dragging on consumers and producers. Silver at a 16:1 price ratio is not sustainable for industries. They will seek other commodities to use and throw silver to the scrap heap until it prices itself back into play.

For us to see 16:1, it will be more likely to have gold drop to $560 with silver at $35 then see silver rise to triple digit numbers against a stagnant gold price.

[jlhlgh]

You are right again, its different this time.~

Note to self: re read a couple chapters of Arguing with idiots. Drink a beer.

LOL....Kinda like boxing a quadriplegic

[ccjoe]

You are right again, its different this time.~

Note to self: re read a couple chapters of Arguing with idiots. Drink a beer.

So the zero hedge funds managers are idiots?
I guess you can't respond to them and refute them.
I can't either irons and I guess that's why I and most everyone thinks they are right. It's also why they run multibillion hedge funds, putting billion into MOSTLY silver, and you or I don't run them.
I admit they're way beyond me, but I really think you think you're smarter than sprott, et al. Scary hubris like Bernanke> if you saw him on the telly Wed. He really thinks it's wise to spend trillions to get out of debt. Talk about idiots.

[ccjoe]

LOL....Kinda like boxing a quadriplegic

More like a lonely newbie with 3 posts looking to become "popular" online by piling on with a bully

[ccjoe]

The industrial side of the silver equation will be a huge limiting factor in any rise in silver prices that would equal a 16:1 or better. Just look at what we did with the release of the oil reserves in a vain attempt to keep gas prices from dragging on consumers and producers. Silver at a 16:1 price ratio is not sustainable for industries. They will seek other commodities to use and throw silver to the scrap heap until it prices itself back into play.

For us to see 16:1, it will be more likely to have gold drop to $560 with silver at $35 then see silver rise to triple digit numbers against a stagnant gold price.

So all the reasons in the Tyler piece were invalid? Which things do you disagree with Rusty and why? I'm curious?
I think most of us have debunked the old "find a cheaper alternative" metal adage. Pd is up to 800 because they couldn't and silver is even more difficult to replace.
Any ideas of why the Indians have switched to silver from gold Rusty?

[Rusty Shackelford]

More like a lonely newbie with 3 posts looking to become "popular" online by piling on with a bully

Looks like we have a candidate for Buffoon #15!!

Hey jlhlgh, HELL WEEK starts Monday. Welcome to the club!!

[Irons]

So the zero hedge funds managers are idiots? ~Yep

I guess you can't respond to them and refute them. ~woulden't waste my time

I can't either irons and I guess that's why I and most everyone thinks they are right. It's also why they run multibillion hedge funds, putting billion into MOSTLY silver, and you or I

don't run them. ~ you must have a pocket full of crickets

I admit they're way beyond me, but I really think you think you're smarter than sprott, et al. Scary hubris like Bernanke> if you saw him on the telly Wed. He really thinks it's

wise to spend trillions to get out of debt. Talk about idiots. ~ I don't watch teevee but I do have one

My thoughts in red.

[ccjoe]

Looks like we have a candidate for Buffoon #15!!

Hey jlhlgh, HELL WEEK starts Monday. Welcome to the club!!

He was easy pickings as he could see how popular it would be to go after me
Back on topic Rusty http://www.businessinsider.com/india...silver-2009-11
Just google Indians buying silver instead of gold and you can see myriad articles going back a couple years.
As most know, I made the discovery at a mall in Ma. Labor Day 09 when Indians were buying everything silver.

[Irons]

Looks like we have a candidate for Buffoon #15!!

Hey jlhlgh, HELL WEEK starts Monday. Welcome to the club!!

Made more sense in 3 posts than old joe has in a year!

[Rusty Shackelford]

I guess finding a cheaper alt was not really what I meant. I was thinking more along the lines that TPTB (either the shady NWO guys or the big industrial guys) will not let thier needed resource rise to unsustainable prices that prices their product out of the reach of the consumer who will continue to see stagnat wages for decades.

This idea support your observations of Indians buying silver. Not because they really want to, but more so because the price of gold (what they have always wanted) has out paced their earning power. They want PMs (no matter the form) no doubt but just can't afford gold so they settle for the next best thing, IMO.

[ccjoe]

My thoughts in red.

Have you heard of bernanke? Did you know that the whole financial world was watching Wed @ 2;30 P.M?
It helps to turn on the tv so you really know what the sheople are watching and you can make financial decisions appropriately.
Thanks for the heads up that your thoughts were in red

[Gcubed]

I'm damn happy with my latest swap. Silver was $42.60, Gold was $1485. Didn't buy a single gram of copper!!

Riding that silver submarine could have landed me in some east coast "Containment Compound"!

[ccjoe]

I guess finding a cheaper alt was not really what I meant. I was thinking more along the lines that TPTB (either the shady NWO guys or the big industrial guys) will not let thier needed resource rise to unsustainable prices that prices their product out of the reach of the consumer who will continue to see stagnat wages for decades.

Why the Pd space shot?
I think once ag hits 150 as pd did in oct 08, it TOO will do the moonshot pd did as pd has much less going for it.
I DO agree that TPTB can do anything they want after the 5/1/11 8 minute silver debacle.

[ccjoe]

Made more sense in 3 posts than old joe has in a year!

You're just jealous irons that you had to work your lazy ass off to make the club and ji was a shooin with one post!

[Rusty Shackelford]

Lunch is over. Got to get back to work and decide what type of gold piece I will be buying this afternoon!!

[Irons]

You're just jealous irons that you had to work your lazy ass off to make the club and ji was a shooin with one post!

Good point, as much fun as this is I ain't going to get anything done today if I don't delete this window so just remember cc~~

[jlhlgh]

Looks like we have a candidate for Buffoon #15!!

Hey jlhlgh, HELL WEEK starts Monday. Welcome to the club!!

Thanks....been here for a long time...learned a lot.....just don't post much.

[ccjoe]

Lunch is over. Got to get back to work and decide what type of gold piece I will be buying this afternoon!!

Great time to buy Rusty @ 1503. This has GOT to be the bottom!!!!!

[ccjoe]

I'm damn happy with my latest swap. Silver was $42.60, Gold was $1485. Didn't buy a single gram of copper!!

Riding that silver submarine could have landed me in some east coast "Containment Compound"!

You sound like my wife g with the cu crap

[ME Co.]

in-line skates work well on hot asphalt...going to be a sad day for the wide eye cheerleaders when silver wilts to mid twenties...

Ouch! That hurt. The silver side of my spreadsheet looks bad enough here down from $50, take another $10 off......... Good thing I traded most of it- the gold side is still only down $1K from the high. HH all, Mark

[Gcubed]

You sound like my wife g with the cu crap

You should listen to her.

[Rusty Shackelford]

Decided on a 10 and 20 Peso. The 20 was bought with profits on some generics I sold at $40 and was wait for a time to grab some Au (essentially a 38 trade). The 10 was bought with some spare FRNs laying around.

[Gcubed]

Decided on a 10 and 20 Peso. The 20 was bought with profits on some generics I sold at $40 and was wait for a time to grab some Au (essentially a 38 trade). The 10 was bought with some spare FRNs laying around.

No fancy kilo copper? Weren't you thinking?

[lhslancers3270]

Great time to buy Rusty @ 1503. This has GOT to be the bottom!!!!!

I don't think so dude. We made a minor new high on the Solstice and closed near the lows under the previous week's lows. Downtown.

[Zed]

You know... IF gold hits 2K AND copper returns to its pre CFC ratio we are looking at $8 copper

[Gcubed]

IF frogs had wings, they wouldn't bump their a$$ so much.

[lhslancers3270]

speaking of $8 CU. I do business with a few copper mfgs. I always ask how biz is. Last time I see the PA he tells me biz is booming. How can that be with homebuilding on its a$$? Hey they gotta replace all the copper the black kids are stealing.

[Zed]

IF frogs had wings, they wouldn't bump their a$$ so much.

I'm keeping that one G.... ! It is gunna be in store for when I need famous last words

Seriously $6 to $8 is doable here if gold has a big run.

Of course we know how my last outrageous claim panned out

[Gcubed]

I'm keeping that one G.... ! It is gunna be in store for when I need famous last words

Seriously $6 to $8 is doable here if gold has a big run.

Of course we know how my last outrageous claim panned out

Shhhhhhhhhh!!! Don't give you know who any ammunition.

[Zed]

speaking of $8 CU. I do business with a few copper mfgs. I always ask how biz is. Last time I see the PA he tells me biz is booming. How can that be with homebuilding on its a$$? Hey they gotta replace all the copper the black kids are stealing.

and it is not about the US China has run stock piles down again and will turn buyer soon. The Chinese have been on the hunt for copper mines. IMO it has held very well through this commodity down turn. 2c FWIW

[Gcubed]

Howzabout those Yankee's??

[Zed]

Shhhhhhhhhh!!! Don't give you know who any ammunition.

LOL.... why you'd buy physical copper escapes me! The copper miners are money makers that are liquid and leveraged dividend payers! That is a no brainer! I can be in and out of copper before you could lug a few kilo to the door.... besides I couldn't store THAT MUCH copper.