Gold/silver ratio

Discussion in 'Silver' started by openeyes, Aug 27, 2019.

  1. Tokyo

    Tokyo Active Member

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    Mid term.
    All mathematic fib & Elliott reading price action at major level would give me next move/target .
    Not easy to learn but best tool .
    Silver about to test key level $20.20-21.40 ( next $26 if we can regain that level )
     
  2. openeyes

    openeyes Well-Known Member Silver Stacker

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    If we get to 55 I am going to have quite a party to celebrate
     
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  3. Ian Gillman

    Ian Gillman Active Member

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    I use the gold/silver ratio to determine how much gold vs silver I need to have in my stack. I sense a lot more gold buying and less silver buying in the future as the ratio plunges.
     
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  4. mrsilverservice

    mrsilverservice Well-Known Member

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    I am hearing you,my limit is reading the tide charts :D

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    The Book of Psalms Chapter 122 verse 1

    I was glad when they said to me let us go into the house of the Lord :)
     
  5. alor

    alor Well-Known Member Silver Stacker

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    70 is the next stop
    looks like -10 oz of silver in each stair case down

    will need some time to get some swap silver ready heading to 30+
    just a 50oz bar away

    hiho silver
     
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  6. alor

    alor Well-Known Member Silver Stacker

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    heading down again 83.05 now
     
  7. openeyes

    openeyes Well-Known Member Silver Stacker

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    upload_2019-9-24_6-31-1.png
    I love downhill action
     
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  8. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Good thinking 99, my thoughts exactly. I wouldn't want to be too heavily involved with such a valuable asset as Silver.
    Less above ground stocks than Gold & more industrial uses than Gold. LOL.
    WINK..JPG
     
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  9. SilverDJ

    SilverDJ Well-Known Member

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    Interesting:

    upload_2019-11-13_20-49-1.png
     
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  10. openeyes

    openeyes Well-Known Member Silver Stacker

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    Yes that pattern is not very encouraging for the bulls. Could we see another major leg up?
     
  11. Tokyo

    Tokyo Active Member

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    I have 114:1 if we want take out 88-87 level still looking for 74 at moment
     
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  12. openeyes

    openeyes Well-Known Member Silver Stacker

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    That would be quite something. I see the pattern setup. Strange thing is I just can’t imagine it happening and that usually is an indicator to me that it will.
     
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  13. Slimey

    Slimey Well-Known Member

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    Yes 114:1 would make Tokyo the “Silver Stacker Oracle” for 2019.
     
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  14. openeyes

    openeyes Well-Known Member Silver Stacker

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    In what time window do you see these numbers?
     
  15. Tokyo

    Tokyo Active Member

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    lot a Fibonacci followers knows this level not a random numbers.
    I have no idea on timeline but it be clear action if upside triggers.
    At this moment I keep 74:1 target but anything can happen so I let the market decide
     
  16. openeyes

    openeyes Well-Known Member Silver Stacker

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    On current trend lines it should be 3 to 4 years to reach that level if it broke upwards this year or next.
     
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  17. Slimey

    Slimey Well-Known Member

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    When I invested in silver I never realised that I may need a few reincarnations before the time arrives when I will actually make a profit. Now how do I leave a future message to the next me?
     
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  18. heartastack

    heartastack Well-Known Member Silver Stacker

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    You only just started in PM’s? Man.. it all looked that simple for all of us
     
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  19. openeyes

    openeyes Well-Known Member Silver Stacker

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    I just watched “Aeon Flux”. Options are coming.
     
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  20. Slimey

    Slimey Well-Known Member

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    I started in 2006. I will sell in 3006....probably for the same price.
     
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