@softparade said:
History says the ratio should be around 15 to 1
Silver needs to be in the high 200’s to meet that 15/1 assuming gold stays put. Which it won’t lolz
History says? LOL that's the most absurd thing I believe I have ever read on the internet. SMH. MND BLWN!
You are so lazy
CLICK CLICK!
Hmmmm, looks like history says gutter metal is currently overpriced. Dealers and refiners appear to agree. RGDS!
.
That is what you wrote when silver was $25 (that silver was "over-priced" at that level).
And remember your prediction that the gold:silver ratio was headed to 130 ? Remember that ?
The ratio is actually getting close to 60, which is what I predicted.
@softparade said:
History says the ratio should be around 15 to 1
Silver needs to be in the high 200’s to meet that 15/1 assuming gold stays put. Which it won’t lolz
History says? LOL that's the most absurd thing I believe I have ever read on the internet. SMH. MND BLWN!
You are so lazy
CLICK CLICK!
Hmmmm, looks like history says gutter metal is currently overpriced. Dealers and refiners appear to agree. RGDS!
.
Doh !
Do you even know what you are looking at and commenting about ?
I don't think you do.
That is a chart of the gold:silver ratio. Remember that thing that you predicted would go to 130 ?
And now you claim that it is too high ? Double Doh !!
If the ratio is historically high, that means the gold price is historically high compared to the silver price.
In other words, the silver price was historically low compared to gold.
And, by the way, it isn't just "history" that shows a silver to gold ratio of 16:1 .
The US Government dictated that ratio, from the mid 1800s until about 1965.
I posted back in mid-October that while GSR was currently around 80, it was long overdue to head back to a normal
trading range of around 45-65. 83 was the first key support level it broke through. And a return to 63 and multi year support seemed pretty reasonable. Well, here we are about 2 months later at the 63 support line. If this 63 level breaks, then 45-55 is next. Whether the 16 or 31 lows as we saw in the 1980 and 2011 silver peaks is in the cards, that's another discussion.
Here's the chart I posted in October. Note the blue projection down arrow pointing at 45 in the near future. Expanding
wedges brought that arrow into play. And following the 125 GSR peak in March 2020.....it's a long ways to fall. Expanding wedges (ie 2014-2016) have a way of forecasting both a mania peak (ie 110+) as well as potential drop in a deep correction.
Note that the last silver to gold "crash" occurred in 2008-2011 as silver went from $8 to $50.....while GSR fell from the 83 support/resistance level down to 31. Duplicating that size drop might not be unreasonable....with a return to at least 45
by the August 2028 Armstrong Economic Confidence Model Peak. Interesting the GSR drop from 2008 to 2011 was about a perfect Fib 61.8% drop (38.2% remains). Applying that same amount to the previous GSR 125 peak would forecast 48. For centuries the a GSR ratio of 16-1 held true....which is pretty close to the ratio of silver to gold found in the earth's crust. One issue with that is that the amount being mined and processed the past decade or so the ratio has been 9-1. A return to a GSR of 45 basically means $100+ silver.
An interesting Gold count on Captain EWave charting sees gold from $4500 to $5900 in this wave iii. Then a correction to $3400-$3800 in wave iv. Final targets of $5900 or $9000 by the end of larger Wave 3 (2015-2028).
@jmski52 said:
Now, GSR = 62.91 with spot silver at $71.35.
Playing catch-up.
GSR spent hundreds of YEARS near 16/1 when both metals were basically jewelry, status symbols, and even the basis for fiat currency. Here we are today with the GSR at 62ish to 1 when silver is MUCH more needed in the modernization of human civilization and technology than gold. Which is still basically jewelry or a status symbol.
@MsMorrisine said:
gold and silver were not fiat currencies
In a way they were at times, when too much was being mined and then dumped into markets, totally disrupting
the balance between gold, silver, and whatever other currency/fiat was in play, if any. The Spanish found this out
when they imported ship loads of silver and dumped it into their economy. The mining of Morgan silver dollars from
1978 through the 1880's was somewhat similar, forcing that silver down the local and national economy's throat.
Rather than printing paper money the mints were coining silver dollars, a large percentage sitting in banks.
@jmski52 said:
Now, GSR = 62.91 with spot silver at $71.35.
Playing catch-up.
We had the same thought. Today was "63" support/resistance day on my GSR chart.
I posted the first post-2020 GSR peak chart back in August 2021 trying to get an early handle where GSR would bounce to before giving up the ghost. We already knew that Gold would be on an 8.6 yr run from 2020 to 2028.....or GSR on an 8.6 yr correction.
1:1 would be great, imagine trading an ounce of gutter metal for an ounce of The Metal of Kings. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
Because silver is going down or now is a good time to plow into gold?
Nothing has changed, yet. Silver is still going up faster than gold. Silver is also being consumed and gold is not. Silver is in a deficit supply and a short squeeze is in progress.
Mine supply is around 7 to 1. I thought that 30 to 1 would be a ripe time for a gradual conversion. Now, I'm thinking that silver isn't done by any measure. I sold a fair amount of gold last week and I'm looking to buy a couple more monster boxes for good measure as soon as the funds are clear. Of course, anything can change in this market.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said: Because silver is going down or now is a good time to plow into gold?
Nothing has changed, yet. Silver is still going up faster than gold. Silver is also being consumed and gold is not. Silver is in a deficit supply and a short squeeze is in progress.
Mine supply is around 7 to 1. I thought that 30 to 1 would be a ripe time for a gradual conversion. Now, I'm thinking that silver isn't done by any measure. I sold a fair amount of gold last week and I'm looking to buy a couple more monster boxes for good measure as soon as the funds are clear. Of course, anything can change in this market.
"As of January 18, 2026, the gold-to-silver ratio fell to 50, indicating that one ounce of gold is equivalent to 50 ounces of silver. This is the lowest ratio since 2012, reflecting silver's significant price increase compared to gold"
GSR currently at 45.9. However its brief low this past week was 43.57....reaching a 28 year support level. That might be it for this move after having so quickly gone through 7 support/resistance levels from 83 to 45 in only 3 months. And it briefly pushed through my 25 yr (blue) downtrend line.....reaching the bottom of the 5 wave expanded wedge from 2014-2020.
A logical rebound point when silver cools off faster than gold will be the 60-65 level.
Not only did Comex raise the margin requirements, but also they changed how it is determined. Margin is now subject to the notional value of the contract, rather than the original price, which means that as the price rises the margin requirement rises concurrently. You can get a margin call simply because the price has jumped.
Current GSR = $5,335.40/$114.70 = 46.51
The very first comment made in response to this thread was:
"The silver squeeze was not real."
Well, it kinda looks real to me.
Q: Are You Printing Money? Bernanke: Not Literally
Numismatist. 54 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Author of "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
I put out the warning flag 2 days ago that GSR hitting 27 year support at 42-43 was very iffy. And more than likely it would NOT go any lower. It didn't, while pulling right back up to 46. Also said that a rebound to around 60-65 was a very likely target....and not good news for metal prices....meaning silver would drop a lot faster than gold. Well, I just didn't expect all that to happen in only 2 days!
GSR back to 60-63 which might tough resistance to crack. The drops in gold and silver were massive, no doubt sweeping up every "safety" stop imaginable. Could the low be in this quick....or will it take a standard ABC wave pattern first? Armstrong shows the next gold low (ECM high) occurring on 6/26/26. It might take 5 months to finish this wave 4 shakeout. SLV filled all the important gaps going back to early January. GLD needs to go another $100-$200 lower to fill its January gaps.
@BruceS said:
Where's Bltz? He's been waiting for this for months, lets hear it gutter guy...lol
Waiting for months? Not exactly, I was still in the process of unloading all these boat anchors. Was hoping it would hold out a little longer. Oh well, never in a million years did I think someone would be handing me $108/ozt for gutter metal, but it happened. I am forever grateful for that gift of a lifetime. No complaints here. Bring on them sub $10k green boxes. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
Comments
Pop Quiz..................................
Which metal is up 116% this year?
Which metal is "only" up 66% this year?
How long will Blitzie stay in denial?
I knew it would happen.
He's waiting on the big hand to reach "twelve." A broke clock is right twice a day.
When gold and silver move together, it signals the coming end of fiat money.
Gold is up another 1.04% this morning, and silver is up 3.10% as well.
It's like Old Betsy vs. Secretariat, lol.
I knew it would happen.
Peter Carlin thinks that there might be a resurgence in gold in the next few weeks and that the GSR will stabilize while both metals continue up.
I knew it would happen.
68 this morning
Silver up over 3% this AM. Wild ride.
COPPER is gutter !
.
That is what you wrote when silver was $25 (that silver was "over-priced" at that level).
And remember your prediction that the gold:silver ratio was headed to 130 ? Remember that ?
The ratio is actually getting close to 60, which is what I predicted.
.
.
that's the most absurd thing I believe I have ever read on the internet.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
I guess you don't read your own posts.
.
.
Doh !
Do you even know what you are looking at and commenting about ?
I don't think you do.
That is a chart of the gold:silver ratio. Remember that thing that you predicted would go to 130 ?
And now you claim that it is too high ? Double Doh !!
If the ratio is historically high, that means the gold price is historically high compared to the silver price.
In other words, the silver price was historically low compared to gold.
And, by the way, it isn't just "history" that shows a silver to gold ratio of 16:1 .
The US Government dictated that ratio, from the mid 1800s until about 1965.
.
Now gold is only up 0.30% for the day while silver is up 2.90%.
GSR = 67.7
I knew it would happen.
I posted back in mid-October that while GSR was currently around 80, it was long overdue to head back to a normal
trading range of around 45-65. 83 was the first key support level it broke through. And a return to 63 and multi year support seemed pretty reasonable. Well, here we are about 2 months later at the 63 support line. If this 63 level breaks, then 45-55 is next. Whether the 16 or 31 lows as we saw in the 1980 and 2011 silver peaks is in the cards, that's another discussion.
Here's the chart I posted in October. Note the blue projection down arrow pointing at 45 in the near future. Expanding
wedges brought that arrow into play. And following the 125 GSR peak in March 2020.....it's a long ways to fall. Expanding wedges (ie 2014-2016) have a way of forecasting both a mania peak (ie 110+) as well as potential drop in a deep correction.
Note that the last silver to gold "crash" occurred in 2008-2011 as silver went from $8 to $50.....while GSR fell from the 83 support/resistance level down to 31. Duplicating that size drop might not be unreasonable....with a return to at least 45
by the August 2028 Armstrong Economic Confidence Model Peak. Interesting the GSR drop from 2008 to 2011 was about a perfect Fib 61.8% drop (38.2% remains). Applying that same amount to the previous GSR 125 peak would forecast 48. For centuries the a GSR ratio of 16-1 held true....which is pretty close to the ratio of silver to gold found in the earth's crust. One issue with that is that the amount being mined and processed the past decade or so the ratio has been 9-1. A return to a GSR of 45 basically means $100+ silver.
An interesting Gold count on Captain EWave charting sees gold from $4500 to $5900 in this wave iii. Then a correction to $3400-$3800 in wave iv. Final targets of $5900 or $9000 by the end of larger Wave 3 (2015-2028).
321gold.com/editorials/captainewave/captainewave122125.html
And then the current GSR chart.
Now, GSR = 62.91 with spot silver at $71.35.
Playing catch-up.
I knew it would happen.
GSR spent hundreds of YEARS near 16/1 when both metals were basically jewelry, status symbols, and even the basis for fiat currency. Here we are today with the GSR at 62ish to 1 when silver is MUCH more needed in the modernization of human civilization and technology than gold. Which is still basically jewelry or a status symbol.
LOLzzz
COPPER is gutter !
gold and silver were not fiat currencies
In a way they were at times, when too much was being mined and then dumped into markets, totally disrupting
the balance between gold, silver, and whatever other currency/fiat was in play, if any. The Spanish found this out
when they imported ship loads of silver and dumped it into their economy. The mining of Morgan silver dollars from
1978 through the 1880's was somewhat similar, forcing that silver down the local and national economy's throat.
Rather than printing paper money the mints were coining silver dollars, a large percentage sitting in banks.
We had the same thought. Today was "63" support/resistance day on my GSR chart.
I posted the first post-2020 GSR peak chart back in August 2021 trying to get an early handle where GSR would bounce to before giving up the ghost. We already knew that Gold would be on an 8.6 yr run from 2020 to 2028.....or GSR on an 8.6 yr correction.
READING is fundamental. They were the BASIS of fiat currencies. Do better to catch up.
COPPER is gutter !
if the basis of a currency is gold then it is by definition not a fiat currency
LOL except there was a GOLD STANDARD. And 90% silver. That US FIAT CURRENCY was structured around. But yeah, whatever you say man hahaha
Come on. This should be ELEMENTARY
COPPER is gutter !
if the basis of a currency is gold then it is by definition not a fiat currency
Sheesh, the currency became a fiat currency in 1933 when it was no longer convertible into gold.
I knew it would happen.
and that's fiat paper
GSR down to almost 59 even
COPPER is gutter !
https://www.macrotrends.net/1441/gold-to-silver-ratio
log scale is on by default. the below GSR chart is not log scale
i'm looking at a silver peak at gsr 50ish
GSR @ 57.88
This isn't 1980. This is sustained buying.
This is not a bubble.
This is a rotation out of bonds & financials into commodities.
It's not over by any means.
It's almost 100% guaranteed to get really choppy.
I knew it would happen.
COPPER is gutter !
1:1 would be great, imagine trading an ounce of gutter metal for an ounce of The Metal of Kings.
RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
LOL
You are happy. It's obvious.
COPPER is gutter !
54.50
COPPER is gutter !
COPPER is gutter !
I think GSR is going much lower.
I knew it would happen.
Because silver is going down or now is a good time to plow into gold?
gsr goes down when silver goes up and/or gold falls
Because silver is going down or now is a good time to plow into gold?
Nothing has changed, yet. Silver is still going up faster than gold. Silver is also being consumed and gold is not. Silver is in a deficit supply and a short squeeze is in progress.
Mine supply is around 7 to 1. I thought that 30 to 1 would be a ripe time for a gradual conversion. Now, I'm thinking that silver isn't done by any measure. I sold a fair amount of gold last week and I'm looking to buy a couple more monster boxes for good measure as soon as the funds are clear. Of course, anything can change in this market.
I knew it would happen.
Read that wrong - it's been a week...
My stance is aggressive for silver. I see no reason to back off at this time.
I knew it would happen.
GSR closed this Friday at 51.026
COPPER is gutter !
"As of January 18, 2026, the gold-to-silver ratio fell to 50, indicating that one ounce of gold is equivalent to 50 ounces of silver. This is the lowest ratio since 2012, reflecting silver's significant price increase compared to gold"
GSR currently at 45.9. However its brief low this past week was 43.57....reaching a 28 year support level. That might be it for this move after having so quickly gone through 7 support/resistance levels from 83 to 45 in only 3 months. And it briefly pushed through my 25 yr (blue) downtrend line.....reaching the bottom of the 5 wave expanded wedge from 2014-2020.
A logical rebound point when silver cools off faster than gold will be the 60-65 level.
Uncharted territory, for sure.
I knew it would happen.
Not only did Comex raise the margin requirements, but also they changed how it is determined. Margin is now subject to the notional value of the contract, rather than the original price, which means that as the price rises the margin requirement rises concurrently. You can get a margin call simply because the price has jumped.
Current GSR = $5,335.40/$114.70 = 46.51
The very first comment made in response to this thread was:
"The silver squeeze was not real."
Well, it kinda looks real to me.
I knew it would happen.
WHEEEEEE!!!
I put out the warning flag 2 days ago that GSR hitting 27 year support at 42-43 was very iffy. And more than likely it would NOT go any lower. It didn't, while pulling right back up to 46. Also said that a rebound to around 60-65 was a very likely target....and not good news for metal prices....meaning silver would drop a lot faster than gold. Well, I just didn't expect all that to happen in only 2 days!
GSR back to 60-63 which might tough resistance to crack. The drops in gold and silver were massive, no doubt sweeping up every "safety" stop imaginable. Could the low be in this quick....or will it take a standard ABC wave pattern first? Armstrong shows the next gold low (ECM high) occurring on 6/26/26. It might take 5 months to finish this wave 4 shakeout. SLV filled all the important gaps going back to early January. GLD needs to go another $100-$200 lower to fill its January gaps.
GSR = $4,837.70/$83.14 = 58.19
Reflecting the disproportionate drop in silver vs. the drop in gold.
Several people were warning about volatility. Well, this is definitely volatility.
I knew it would happen.
Where's Bltz? He's been waiting for this for months, lets hear it gutter guy...lol
Successful BST:here and ATS, bumanchu, wdrob, hashtag, KeeNoooo, mikej61, Yonico, Meltdown, BAJJERFAN, Excaliber, lordmarcovan, cucamongacoin, robkool, bradyc, tonedcointrader, mumu, Windycity, astrotrain, tizofthe, overdate, rwyarmch, mkman123, Timbuk3,GBurger717, airplanenut, coinkid855 ,illini420, michaeldixon, Weiss, Morpheus, Deepcoin, Collectorcoins, AUandAG, D.Schwager, blu62vette,
Back to mid January pricing. Yawn.
COPPER is gutter !
Waiting for months? Not exactly, I was still in the process of unloading all these boat anchors. Was hoping it would hold out a little longer. Oh well, never in a million years did I think someone would be handing me $108/ozt for gutter metal, but it happened. I am forever grateful for that gift of a lifetime. No complaints here. Bring on them sub $10k green boxes. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
kitco numbers - gsr - 57.4