nicejim Posted November 23, 2008 Report Share Posted November 23, 2008 Gold/Silver ratio since 1344 http://goldinfo.net/silver600.html I've been wondering why people say the long term ratio is 1:15 and that it will go back there one day. This chart shows that the 1:15 ratio held true for centuries, while gold and silver were coined as money and had a proscribed exchange rate, but not for the last 200 years. Ker, do you see a low of more than 1:30 based on that chart? Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted November 24, 2008 Report Share Posted November 24, 2008 just broke $10/oz Link to comment Share on other sites More sharing options...
FWIW Posted November 24, 2008 Report Share Posted November 24, 2008 just broke $10/oz I'm so happy.... If gold or silver are manipulated down again, I will be increasing my position! I never realised they had precious metal 'sales' and just before xmas! Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted November 24, 2008 Report Share Posted November 24, 2008 c'mon! more more more!! Link to comment Share on other sites More sharing options...
wren Posted November 24, 2008 Report Share Posted November 24, 2008 c'mon! more more more!! No, No! I want it to stay down. Link to comment Share on other sites More sharing options...
Justin Thyme Posted November 24, 2008 Report Share Posted November 24, 2008 just broke $10/oz It was nice seeing silver ignore the traditional daily smackdown that gold got slapped with today. Just carried on going . . . Link to comment Share on other sites More sharing options...
HPCsoYESTERDAY Posted November 24, 2008 Report Share Posted November 24, 2008 It was nice seeing silver ignore the traditional daily smackdown that gold got slapped with today. Just carried on going . . . get in there! just broke $1 move for the day Link to comment Share on other sites More sharing options...
Bobsta Posted November 24, 2008 Report Share Posted November 24, 2008 get in there! just broke $1 move for the day Pah, that's nothing. Ker reckons it'll be down $4 in one day tomorrow. (I'm paraphrasing and may be incorrect in this statement. If so, I apologize Ker) Link to comment Share on other sites More sharing options...
kernull Posted November 24, 2008 Report Share Posted November 24, 2008 Pah, that's nothing. Ker reckons it'll be down $4 in one day tomorrow. (I'm paraphrasing and may be incorrect in this statement. If so, I apologize Ker) nop, maybe not tomorrow, but it has to be this week. i still think gold & silver will crash (or at least show the signs of a crash), i am not with the market right now, but that's what makes world interesting, different point of views Link to comment Share on other sites More sharing options...
whoops_apocalypse Posted November 24, 2008 Report Share Posted November 24, 2008 nop, maybe not tomorrow, but it has to be this week. i still think gold & silver will crash (or at least show the signs of a crash), i am not with the market right now, but that's what makes world interesting, different point of views Why? An explanation would be useful at this stage... Link to comment Share on other sites More sharing options...
kernull Posted November 24, 2008 Report Share Posted November 24, 2008 Why? An explanation would be useful at this stage... i think charts are still correct, but the timing is not, if it doesn't work on wednessday close, then charts will become completely invalid. (the gold & silver charts only) Link to comment Share on other sites More sharing options...
whoops_apocalypse Posted November 24, 2008 Report Share Posted November 24, 2008 i think charts are still correct, but the timing is not, if it doesn't work on wednessday close, then charts will become completely invalid. (the gold & silver charts only) OK, fair enough... However, if you take a look at the longer term charts, you may note that the ultimate lows do not have to be put in until some time next year i.e. several months from now, if at all. A truly free market will not tell you this in advance of course... Link to comment Share on other sites More sharing options...
Pixel8r Posted November 24, 2008 Report Share Posted November 24, 2008 i think charts are still correct, but the timing is not, if it doesn't work on wednessday close, then charts will become completely invalid. (the gold & silver charts only) TA of charts in this market obviously cannot work. There are too many massive changes going on, they are happening on a daily basis, so how could these already be discounted by the market. Are you short silver? If not, why not you are predicting a 40% drop in the price of silver in 2 days. Link to comment Share on other sites More sharing options...
romans holiday Posted November 25, 2008 Report Share Posted November 25, 2008 I would not at all be surprised to see some crash big dip in the metals some time in the next month or two. The condition being another bout of forced liquidation and a crash in the stock market. If there is a spike shortly a will sell a portion of my metal in order to buy back in on the dip. All standard stuff of course in a secular PM bull. Link to comment Share on other sites More sharing options...
FWIW Posted November 25, 2008 Report Share Posted November 25, 2008 We need to get to 11 today... http://stockcharts.com/charts/gallery.html?%24silver Link to comment Share on other sites More sharing options...
kernull Posted November 25, 2008 Report Share Posted November 25, 2008 Link to comment Share on other sites More sharing options...
FWIW Posted November 25, 2008 Report Share Posted November 25, 2008 I think the PPT will make a move today... Bring the sales on! Link to comment Share on other sites More sharing options...
Bobsta Posted November 25, 2008 Report Share Posted November 25, 2008 I think the PPT will make a move today... Bring the sales on! Just checked my GoldMoney account and my transferred funds are there, ready and waiting to be magically turned into silver. This fact alone is guaranteed to push silver to $12 Link to comment Share on other sites More sharing options...
Pixel8r Posted November 25, 2008 Report Share Posted November 25, 2008 Just checked my GoldMoney account and my transferred funds are there, ready and waiting to be magically turned into silver. This fact alone is guaranteed to push silver to $12 You may be very lucky if Ker's predictions come to pass. Link to comment Share on other sites More sharing options...
littledavesab Posted November 25, 2008 Report Share Posted November 25, 2008 I feel sorry for people who don’t have any silver. I feel sorry for people who don’t have any food too, but less so Erm should you not be FEELING MORE SORRY FOR THOSE WITHOUT FOOD ?? Link to comment Share on other sites More sharing options...
ziknik Posted November 25, 2008 Report Share Posted November 25, 2008 Erm should you not be FEELING MORE SORRY FOR THOSE WITHOUT FOOD ?? Yes. That's why I put a ' ' on the end. It was an attempt to show I wasn't serious Link to comment Share on other sites More sharing options...
Bobsta Posted November 25, 2008 Report Share Posted November 25, 2008 You may be very lucky if Ker's predictions come to pass. Looking unlikely......... but I'll give it time... Link to comment Share on other sites More sharing options...
kernull Posted November 25, 2008 Report Share Posted November 25, 2008 Looking unlikely......... but I'll give it time... tomorrow will be the day (wednessday) Link to comment Share on other sites More sharing options...
FWIW Posted November 25, 2008 Report Share Posted November 25, 2008 tomorrow will be the day (wednessday) Never say never, but I don't think we will be below 8.5.... What do you think will happen tomorrow Ker? Link to comment Share on other sites More sharing options...
Gatesy Posted November 25, 2008 Report Share Posted November 25, 2008 Silver Selling for $1 per Ounce http://www.fool.com/investing/value/2008/1...-per-ounce.aspx With 251.5 million shares outstanding, long-term value investors can think of each Silver Wheaton share as roughly equivalent to 2.44 ounces of silver in the ground. It turns out investors really are paying just over $1 per ounce of silver in the ground. Link to comment Share on other sites More sharing options...
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