Gold To Silver ratio at 50

HalfDime

Right now we have a gold to silver ratio at about 50 (this is $5000 price of gold divided by $100 price of silver). Historically there have been three times in the last 30 years where it has bottomed much lower, and according to the chart it appears at about a ratio of around 40 has been the bottom twice during the last 27 years, and around 20ish going back to 1980.

Ratio 50 Price of silver $100
Ratio 40 Price of silver $125
Ratio 20 Price of silver $250

The gold to silver ratio may ultimately be what determines the top to silver. A ratio at 20 would certainly be massive resistance for the price at that time.

blitzdude

Historically the current ratio tells us the gutter is overvalued. We will see the results of that very shortly imo. RGDS!

derryb

@blitzdude said:
Historically the current ratio tells us the gutter is overvalued. We will see the results of that very shortly imo. RGDS!

didn't you say this when ratio was 100?

blitzdude

@derryb said:

@blitzdude said:
Historically the current ratio tells us the gutter is overvalued. We will see the results of that very shortly imo. RGDS!

didn't you say this when ratio was 100?

No, I said it when it was 31ish. I said it was going to 130 or thereabouts. We made it to 110. Close enough for me. It will be 100+ again, Patience grasshopper. THKS!

dcarr

@derryb said:

@blitzdude said:
Historically the current ratio tells us the gutter is overvalued. We will see the results of that very shortly imo. RGDS!

didn't you say this when ratio was 100?

.

Actually, the claim was that the gold:silver ratio was going to 130:1.
DOH !

.

HalfDime

@blitzdude said:
I said it when it was 31ish. I said it was going to 130 or thereabouts. We made it to 110. Close enough for me. It will be 100+ again, Patience grasshopper. THKS!

.
"The most recent time the gold–to–silver ratio was around 31:1 was in the first half of 2011, during the precious‑metals spike when silver briefly traded near 50 USD per ounce and gold around 1,500–1,550 USD per ounce."

The ratio is at 50, and during the silver spike in 2011 it hit about 30. That's 15 years ago, you have that much patience?

blitzdude

@HalfDime said:

@blitzdude said:
I said it when it was 31ish. I said it was going to 130 or thereabouts. We made it to 110. Close enough for me. It will be 100+ again, Patience grasshopper. THKS!

.
"The most recent time the gold–to–silver ratio was around 31:1 was in the first half of 2011, during the precious‑metals spike when silver briefly traded near 50 USD per ounce and gold around 1,500–1,550 USD per ounce."

The ratio is at 50, and during the silver spike in 2011 it hit about 30. That's 15 years ago, you have that much patience?

Do I? Absolutely not......And we are not going to 30:1 this time round. it will be back to 100:1 before then. Smart $$$$ has been busy turning gutter metal into real precious metals. The pop of the gutter bubble is going to be absolutely amazing to witness. These are great times my brothers and sisters, the greatest times of all. RGDS!

softparade

@blitzdude said:

@HalfDime said:

@blitzdude said:
I said it when it was 31ish. I said it was going to 130 or thereabouts. We made it to 110. Close enough for me. It will be 100+ again, Patience grasshopper. THKS!

.
"The most recent time the gold–to–silver ratio was around 31:1 was in the first half of 2011, during the precious‑metals spike when silver briefly traded near 50 USD per ounce and gold around 1,500–1,550 USD per ounce."

The ratio is at 50, and during the silver spike in 2011 it hit about 30. That's 15 years ago, you have that much patience?

Do I? Absolutely not......And we are not going to 30:1 this time round. it will be back to 100:1 before then. Smart $$$$ has been busy turning gutter metal into real precious metals. The pop of the gutter bubble is going to be absolutely amazing to witness. These are great times my brothers and sisters, the greatest times of all. RGDS!

$200 Silver is a better bet than 100 plus GSR

softparade

This is an AVALANCHE. The GSR is not going to 100 again lolzzzz

Overdate

@blitzdude said:
Smart $$$$ has been busy turning gutter metal into real precious metals.

>
So far Smart $$$$ has been wrong.

Wingsrule

Turned some into SNDK.

jmski52

Once more, silver has risen twice as fast as gold.

roadrunner

It was pretty clear when GSR lost the 83 support level in mid-October, that other supports at 65, 55, 45 would soon follow.....now at 46. This is a major wave III of V in the gold and silver cycle. GSR could easily approach previous 2011 low of 31.....and eventually reaching the low of 16 from 1980....and even lower. Pretty much all bets are off with Silver's 45 year cup with handle pattern in play. Silver's projected log scale high from that pattern is $260+. 45 years of silver market fakery can do that to you.