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Do you know Lauri personally? What will he do when he runs out? :unsure:

i don't know Lauri - he has a good shop that I have used several times and he hasn't raised his prices. He does not appear to be restocking or reinvesting the profits. [we'll maybe because its hard to get stock]

 

 

Have to keep an eye on it.

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Gold:Silver ratio below 70 at the moment!

 

Does anyone know where there is a live chart of this? This is the most up to date I can find.

http://www.bestwaytoinvest.com/stories/gol...chart-1999-2009

 

G0ldfinger has linked to this in the past - way out of date though, it was about 74 back then (last week ;))

Perhaps updated weekly?

http://gold.approximity.com/since2005/Gold-Silver-Ratio.html

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Gold:Silver ratio below 70 at the moment!

 

Does anyone know where there is a live chart of this? This is the most up to date I can find.

http://www.bestwaytoinvest.com/stories/gol...chart-1999-2009

 

G0ldfinger has linked to this in the past - way out of date though, it was about 74 back then (last week ;))

Perhaps updated weekly?

http://gold.approximity.com/since2005/Gold-Silver-Ratio.html

 

http://stockcharts.com/h-sc/ui?s=$GOL...id=p86714049935

 

This chart is updated at the end of the day.

 

http://www.taxfreegold.co.uk/goldsilverratio.html

 

Live Gold/Silver ratio graphic

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http://stockcharts.com/h-sc/ui?s=$GOL...id=p86714049935

 

This chart is updated at the end of the day.

 

http://www.taxfreegold.co.uk/goldsilverratio.html

 

Live Gold/Silver ratio graphic

 

...........Commodity investors often look at these ratios for clues, as hard assets such as oil, gold or wheat don’t enjoy handy investing yardsticks like the price-to-earnings ratio on stocks. Some ratio plays have fetched hefty gains in the past. In Feb. 2003, the gold-silver ratio spiked to 80, which heralded silver’s one-year ride from less than $5 a troy ounce to above $8 in April 2004 - a 60% return...........

 

http://ftalphaville.ft.com/blog/2008/11/28...gold-vs-silver/

 

3257.jpg

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How long did they ramp property until it finally crashed?

 

I know - the current coverage probably reflects the trend, which is clearly up. To me it means that it might be time to anticipate a coming blow off, and once that happens it's time to think about when to get out (assuming there isn't complete systemic collapse). However, the paranoiac in me is thinking that there is also the risk of an engineered spike by banks trying to profit going up and down - the upratings of the gold price by ML, citi and ubs are making me a bit twitchy.

 

However, regardless of this the coming few months may present a big trading opportunity in that $1000/ozs feeling quite 'magnetic' at the moment. Am seriously considering a largish trading position on top of my core physical holdings, either in ABX or another big miner, or more probably, following spot. I know that you don't trade GF, but for gamblers like me, is anyone else thinking of trading up to $1000?

 

 

 

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I know - the current coverage probably reflects the trend, which is clearly up. To me it means that it might be time to anticipate a coming blow off, ...

JS thinks that this time around there won't be a blow-off. I am not sure myself. I prefer to watch indicators like Dow-Gold or houses-gold.

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Personally although i 'could' invest more into physical gold/silver i think my positions are strong enough. Instead to get more exposure to the upside potential in the markets i'm looking at the following:

 

- Junior miners who arent producing yet (or are but in small quantities) but have a good range of contracts/holdings/interests. The logic being that most of the med/large active producers have recovered substantially since Nov but there are a few Juniors whose price has continued to fall or stayed static. By investing a small amount into a number of these I'm expecting 1-2 might prove very rewarding although the risk is that 0-1 might find financing hard. Oxus gold was one i put a small punt on a couple of weeks ago and its recovering nicely.

 

- Oil. Now is not really the time to buy heavily into long gold/silver. IMO if you really wanted to do that you really wanted to do so between mid-nov and mid-dec 08 (or before last years spring spike) and to have had balls of steel. However, what right now does represent is a great chance to get into low-mid tier oil and gas producers. I've read DrB says this but it's obvious that with oil at $40 or so and demand destruction factored into the price at present it cannot continue to last. We all know peak oil is coming, we all know china is going to keep using more, we all know from $40 dollars there is minimal downside risk (maybe down $10-20max) and massive upside potential (maybe up $40-60 short term and $140+ long term). To me the sector screams buy, but be careful with your choices.

 

- Other physical assets. After sitting and looking at various markets that have a physical product that is in high demand during 'good times' but is currently depreciated I put a very small investment in a diamond mining business. Precious gem prices are low and the gem market short term prospects are poor but the company i looked at had a very low sp, good prospects in terms of their physcial mine holdings and a positive cashflow due to owning diamond processing facilities they could process raw gems for other companies. Time will tell on this one and currently it hasn't done great but the fundamentals still look good mid-long term.

 

I guess what i'm saying is that although gold/silver still have huge upside potential in a lot of currencies precious money metals are at or pushing all time highs and the high end gold/silver producers i.e. Yamana have had their sp recover strongly since Nov. So take a moment and look elsewhere at what represents value - although the only serious requirement to my investments is that the businesses i'm looking at are essentially all commodities prodcuers because i think the commodity bull market is still alive and well - i just feel there is more 'bang for my buck' outside of physical gold/silver right now.

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Yes, that was my primary target. But I think we could easily see 50oz as a bottom. I take 100oz as a given.

 

hpukingold1930241208bo5.png

I love this graph. When was the peak of the spike? Looks like about 2004, so I am right in thinking that was the optimum time to sell a house and buy gold? The average looks like 150 oz if you ignore the big spike. Last time a saw Jonathan Davis on TV his house price crash view was in ounces of gold.

 

This chart on HPC is interesting, I haven't seen it before. It would be great if it had the price of gold in GBP and how many ounces to the average house. I may try and compile it if I can.

http://www.housepricecrash.co.uk/indices-n...l-inflation.php

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