Pixel8r Posted December 15, 2008 Report Share Posted December 15, 2008 I wonder if the Gold:Silver ratio will follow the dollar over the next few days, through it's 50 MA. As I was saying previously, it was looking like it is 4-5 days behind. Link to comment Share on other sites More sharing options...
Steve Netwriter Posted December 17, 2008 Author Report Share Posted December 17, 2008 I must admit, don't tend to watch the gold:silver ratio. I tend to plot them against other currencies. My first though when I looked at your charts was "I want to see them in 4 to 5 days time" Let me think. IMO while the US$ was falling against the Euro (which is mainly what the US$ Index is about), gold and silver were falling in US$. And silver being more volatile, falls more. That means the gold:silver ratio would rise. When the EURUS$ turned, and the US$ started rising against the Euro, gold & silver started to rise. Again, silver being more volatile, you'd expect silver to rise faster, and so the gold:silver ratio to fall. I'm not sure about the timing. I often see gold or silver move, and then maybe a minute later the currencies move. So I often spot a change and then wait for some other cross to follow soon after. But, I wouldn't argue with the theory of a lag on a more macro scale. It would be nice to see them overlaid. I tried of a perf chart, but it doesn't work. Link to comment Share on other sites More sharing options...
Pixel8r Posted December 17, 2008 Report Share Posted December 17, 2008 It does seem to be following today, 4 days behind. We will have to see how this plays out, as it would be great to have a 4 day advantage on the GS ratio. Will be really useful in timing GM swaps. I was also looking for a way to do an overlaid chart, it needs to be something like ($GOLD:$SILVER):$USD, but it doesn't work. Link to comment Share on other sites More sharing options...
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