silver/gold ratio thoughts?
Welcome guest, is this your first visit?
Member
Discoveries
 
Results 1 to 7 of 7
Like Tree9Likes
  • 2 Post By FormerTeller
  • 1 Post By Dozer D
  • 1 Post By Omega
  • 1 Post By Johnnybravo300
  • 3 Post By ArkieBassMan
  • 1 Post By Johnnybravo300

Thread: silver/gold ratio thoughts?

« Prev Thread | Next Thread »
  1. #1
    us
    Apr 2011
    1,806
    1277 times

    silver/gold ratio thoughts?

    I was pleasantly surprised to see that silver hit $19.50/ounce today, then noted that the silver/gold ratio is right at 80 - 79.4 to be precise. I'm pretty sure the ratio got well over 80 within the last few weeks. Anybody got any predictions on what will happen next?

    Dozer D and A2coins like this.

  2. #2
    us
    Feb 2012
    2,908
    2493 times
    Coin roll hunting

    silver/gold ratio thoughts?

    Instead of watching regular news at night, I like to watch the Bloomberg channel with financial info, esp the price of gold & silver, starting with ASIA then Europe. Hope to see it hit $20 this week, plus more thereafter.
    A2coins likes this.

  3. #3
    us
    Jul 2013
    SoCal
    1,162
    335 times
    Garage Sales/ CRH
    Quote Originally Posted by FormerTeller View Post
    I was pleasantly surprised to see that silver hit $19.50/ounce today, then noted that the silver/gold ratio is right at 80 - 79.4 to be precise. I'm pretty sure the ratio got well over 80 within the last few weeks. Anybody got any predictions on what will happen next?


    Few weeks ago the ratio was over 85:1. If you look at historical data, every single time the ratio has surpassed 85:1, major moved followed which we've begun to see over the past week or so. Last checked Tuesday and the ration has corrected to 80.5:1. Personally I just added 1100oz of silver, and some Rhodium and other metals to my hoard. I see silver +20 by the end of the week, and +30 in the very near future. Personally I'll be selling half my stack at $30/oz (silver) and $8700/oz (rhodium), and will be holding out on the other half for $45-50 and $10,000+ respectively. I think the next 18 months are going to be a crucial time for metals with everything going on economically, politically, and globally. I am also expecting to see ~$2000/oz gold, ~$2500/oz pt, ~$3500/oz palladium, $10l+/oz rhodium. No way to say for sure, but I like the idea of holding metal over paper. Or keeping my money in an essentially negative interest rate bank account. You cannot lose holding metals, the only thing would be if you got scared and sold to soon, or needed some money for bills/other expenses. Just my 2c, we will see what will happen.
    A2coins likes this.
    You're never know it all... Keep an open mind and keep learning.

    eBay Store: http://stores.ebay.com/jewelryandwatchoutlet

    ^ Putting myself through college, wish me luck

  4. #4
    us
    Jan 2016
    South of Gunnison, Gold Basin
    F2
    1,780
    2008 times
    Prospecting
    I'm waiting for the ratios to close so I can convert my silver to gold, maybe sell a portion.
    Platinum has been rising but I look for it to fall again when things fully crash. The money metals will keep rising as our dollars lose purchasing power of course.
    A2coins likes this.

  5. #5
    us
    Dec 2009
    AR
    Minelab E-Trac
    2,528
    1050 times
    All Types Of Treasure Hunting
    The ratio is interesting, but "historical data" can no longer be trusted as foolproof as all markets are now controlled by speculation and manipulation rather than by supply and demand. For an example, look at the historical price of platinum vs. gold. Platinum is both more rare and more expensive to mine than gold, and until recently, always was worth more than gold. Does that mean that platinum is now a fantastic buy? Does that mean gold is overpriced? Both? Neither? Who knows?

    It very well may be a great time to invest heavily in precious metals, but I personally believe relying solely on "historical data" as the main basis for doing such is a tad bit unwise. All I know for sure is that I won't again miss an opportunity to unload all of my silver at $40+ should I ever get another opportunity.
    fistfulladirt, A2coins and alan m like this.

  6. #6
    Charter Member
    us
    Tommy

    Dec 2015
    Ann Arbor
    Equinox 800
    23,271
    29653 times
    All Types Of Treasure Hunting
    Honorable Mentions (2)
    Im liking it hope it keeps going

    Approved TreasureNet Stickers

    .:: $3.00 for 11" X 3" Bumper Sticker ::.
    .:: $2.25 for 1" x 4" Detector Sticker ::.
    (Free Shipping)


    SEE: TreasureNet Bumper Stickers

  7. #7
    us
    Jan 2016
    South of Gunnison, Gold Basin
    F2
    1,780
    2008 times
    Prospecting
    Historical data is important. This fiat keynsian illusion has already happened thousands of times through history with 100 percent failure rate. That's an easy bet.
    Omega likes this.

 

 

Sponsored Links

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Similar Threads

  1. Useless CRH thoughts, ratios....
    By Twitch in forum Coin Roll Hunting
    Replies: 8
    Last Post: May 25, 2014, 09:03 PM
  2. Silver to gold ratio
    By Bejamble in forum Beach and Shallow Water
    Replies: 2
    Last Post: Dec 29, 2013, 06:47 AM
  3. Silver/gold ratio
    By namster in forum Precious Metal Prices
    Replies: 5
    Last Post: Oct 27, 2013, 03:53 PM
  4. Silver to Gold ratio: Your thoughts?
    By argentummolonlabe in forum Precious Metal Prices
    Replies: 10
    Last Post: Jul 18, 2013, 03:59 PM
  5. GOLD to Silver ratio?
    By Shake-N-Bake in forum Coin Roll Hunting
    Replies: 8
    Last Post: Aug 10, 2009, 07:45 AM
Powered by vBadvanced CMPS v4.3.0