Gold/silver ratio

66rounds said:
Don't be too harsh on her, guide her to the straight path with kindness. The right environment is required for the best sprouts!
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Wise words, people my age haven't been taught how to grow our own produce and it's something I want to get into.

JOHNLGALT said:
At least 300 in the brown paper bag ready for next year 66.
You being a decent person, I'll figure a way to get some of them to you.
I may have to drop them off with Michael, or, Joe @ our P.M.'s shop. CHEERS. _JLG.
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I see what you mean about getting your tomato seeds now @66rounds, I'm kinda sad about him getting banned lol.
 
Hey Tokyo, explain these 108 and 114 lines in the sand for me. Will the first mean the second? What should I look for?
 
We all have different way to analyze market. For me I use 2 Fibonacci tool with historical major pivot to pivot to find bulls & bears potential target (supply zone ) I do use classic tools like 200 ma & ema / rsi / volume/ gaps to support my ideas

I never said 114-116 is line in a sand ( most probable target after trigger above 97:1).
114-116 was cluster of major fib level and If trigger above 117 I have minimum 130:1 waiting .

We need to go with trend until it changes
I see RSI bearish divergence but that is only one indicator and sometime takes a long time for that to materialize.

Look up what is Fibonacci ,
 
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You can find people talking 3 Fib idea right now
1. consolidate sideways for longer
2. Wave 5 of AB(C) wave to target $11-10 in USdollar
3. Finishing off wave 2 now to target 26-28$ in wave 3...and 4pullback 5 up next ( level needs to hold to confirm)
 
Posted years ago that I thought the ratio could get to 100-1. Replies at the time indicated that almost everyone thought around 80 was the topping area. Within the last week or two, I saw an article/chart that indicated crossing the 100-1 ratio was potentially the launching point for a much larger ratio. Maybe someone else can find the article/chart. Psychologically, yesterday/today felt like at least a temporary peak of the Covid fear/paranoia. No idea how much the disease spread will continue, but today just felt like a peak. We shall see.
 
I agree with Tokyo’s call for 114-116 on the GSR. I don’t see silver rocketing back up for a little while, I can see another sharp dip next week and then some mild recovery, followed by a stagnation within a 50c range.
Gold, I’m seeing another dip, but not as violent as silver. This alone will get us to that 114-116 range.
 
dccpa said:
Posted years ago that I thought the ratio could get to 100-1. Replies at the time indicated that almost everyone thought around 80 was the topping area. Within the last week or two, I saw an article/chart that indicated crossing the 100-1 ratio was potentially the launching point for a much larger ratio. Maybe someone else can find the article/chart. Psychologically, yesterday/today felt like at least a temporary peak of the Covid fear/paranoia. No idea how much the disease spread will continue, but today just felt like a peak. We shall see.
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Found the article and charts. https://www.silverdoctors.com/gold/gold-news/so-many-bullish-factors-that-gold-is-ignoring/

I am curious if the Sunshine Profits GS ratio chart qualifies as a decades long cup & handle. Not sure if there is such a thing, but I am not a chartist. If so, we may have lift off for the ratio and I guess that would mean the SHHTF. We shall see.
 
Przemyslaw Radomski

Another Harry Dent

He had been calling for $800 gold since 2018 when I started reading his articles.
 
sgbuyer said:
Przemyslaw Radomski

Another Harry Dent

He had been calling for $800 gold since 2018 when I started reading his articles.
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Jim Rogers stated many times that he expects gold to go under $1000 as a standard 50% correction for a commodity bull market. So far, they haven't been proven right or wrong. I was able to call the top in the Euro/USD years in advance by using a simple chart. If you look at the linked chart, you will see that the last Euro bottom took a year longer than the previous post 2008 bottoms. But when the Euro did turn up, the top was right where the chart indicated it should. BTW. I did some calculations years ago and my long term bottom for the Euro vs. USD was either .75 or .85/1. Eventually, I expect the Euro to disappear as a currency. We shall see.

https://finviz.com/futures_charts.ashx?t=6E&p=m1
 
Rogers blog out there for track record :to note he miss rally to 1700 holding USD instead gold at $1150 US. wonder how his Russia,China investment doing
 
dccpa said:
Jim Rogers stated many times that he expects gold to go under $1000 as a standard 50% correction for a commodity bull market. So far, they haven't been proven right or wrong. I was able to call the top in the Euro/USD years in advance by using a simple chart. If you look at the linked chart, you will see that the last Euro bottom took a year longer than the previous post 2008 bottoms. But when the Euro did turn up, the top was right where the chart indicated it should. BTW. I did some calculations years ago and my long term bottom for the Euro vs. USD was either .75 or .85/1. Eventually, I expect the Euro to disappear as a currency. We shall see.

https://finviz.com/futures_charts.ashx?t=6E&p=m1
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How does this relate to Przemyslaw Radomski's article?
 
Tokyo said:
Rogers blog out there for track record :to note he miss rally to 1700 holding USD instead gold at $1150 US. wonder how his Russia,China investment doing
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I used to be a fan of Jim Roger, but he doesn't really give complete views, unlike Marc Faber who really says out everything. Jim Roger really stays in Singapore where he has multiple properties. He talks a lot about China but I don't think he has much money in there. He isn't that stupid. For some reason, he is vocally pro-China and Russia just to spite Americans.
 
used to check his blog 2-3 time a year but ya.. same old mans story
Volatile now so we should get market signal soon with big volume,impulse&COT reading.
Dxy ( US dollar could be making a(B)c rally about to end then back down to 92 for C zigzag correction for now) and one more push up on euro/usd
 
FOMC fed rate meeting on March. 17-18
I like to see drop now or102 weekly resistance on Dxy index to hold after FOMC.
Gold&silver maybe spike low into 17-18th and Dxy correction to 92/89 Should support bull move for PM
 
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