Gold/silver ratio

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

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  1. mongrelmaple

    mongrelmaple Well-Known Member Silver Stacker

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    And to add to that, silver has now below $13.90US... a major, major support level last hit in early 2016. Can easily see 114:1 as @Tokyo has pointed out numerous times to us. Great call!
     
    mongrelmaple, Mar 16, 2020
    #201
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  2. slavaja

    slavaja Well-Known Member Silver Stacker

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    Anyone swapping now or are we waiting for lower prices?
     
    slavaja, Mar 16, 2020
    #202
  3. slavaja

    slavaja Well-Known Member Silver Stacker

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    What if your broke...
     
    slavaja, Mar 16, 2020
    #203
  4. slavaja

    slavaja Well-Known Member Silver Stacker

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    When would you swap?
     
    slavaja, Mar 16, 2020
    #204
  5. Jason1

    Jason1 Well-Known Member

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    If it hits $20 or under and gold holds, dude Ill be swapping a good wack of my gold quick smart.
     
    Jason1, Mar 16, 2020
    #205
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  6. slavaja

    slavaja Well-Known Member Silver Stacker

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    We're getting close now $20.8
     
    slavaja, Mar 16, 2020
    #206
  7. openeyes

    openeyes Well-Known Member Silver Stacker

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    upload_2020-3-16_20-39-16.png
     
    openeyes, Mar 16, 2020
    #207
  8. Jason1

    Jason1 Well-Known Member

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    I know man,
    Will be hard to resist the swap. Wonder if I should push my luck and see if it goes even lower?
    even with a measly 2 ounces of gold to silver swap, silver getting back up to $26 which would not be unrealistic in the near future, is a damn good increase. gold would have to move allot to beat that.
     
    Jason1, Mar 16, 2020
    #208
  9. openeyes

    openeyes Well-Known Member Silver Stacker

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    Someone needs a lot of cash and right now.

    Could this be JP Morgan off loading a few tonnes?
     
    openeyes, Mar 16, 2020
    #209
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  10. Jason1

    Jason1 Well-Known Member

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    just not being used cos of the china shut down Would be my guess. so would have to wait till china opens up again.
     
    Jason1, Mar 16, 2020
    #210
  11. openeyes

    openeyes Well-Known Member Silver Stacker

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    Yes could be liquidation of holdings of solar panel manufacturers or the like.
     
    openeyes, Mar 16, 2020
    #211
  12. STKR

    STKR Well-Known Member Silver Stacker

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    Its nearly impossible to get low premium bars and coins now. Monday came. Glad I got some kilo bars on the weekend. I wouldn't mind taking advantage of these lower prices though.

    We're at the highest gold to silver ratio in 100 years (117:1)? Less above ground available silver than we've ever had in modern history, a mining ratio of 9:1, a global pandemic/crisis on our hands and silver is Selling out fast. This whole scenario feels surreal.
     
    STKR, Mar 16, 2020
    #212
  13. black5wan

    black5wan Well-Known Member Silver Stacker

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    There isnt any silver available for delivery at many dealers in Sydney today. Except long delays in getting physical in your hands, interesting time ahead. We may see premium back on physical silver back on the forum soon.
     
    black5wan, Mar 16, 2020
    #213
  14. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Exactly..... which makes silver but a mere commodity.
     
    wrcmad, Mar 16, 2020
    #214
  15. Jason1

    Jason1 Well-Known Member

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    yer it is a commodity, never said it wasnt.
     
    Jason1, Mar 16, 2020
    #215
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  16. slavaja

    slavaja Well-Known Member Silver Stacker

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    Got the last 4 kilo unallocated from bullionnow
     
    slavaja, Mar 16, 2020
    #216
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  17. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Yeah, I'm not arguing with you :);)
     
    wrcmad, Mar 16, 2020
    #217
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  18. SilverDJ

    SilverDJ Well-Known Member

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    Wow :eek:

    upload_2020-3-16_21-19-26.png
     
    SilverDJ, Mar 16, 2020
    #218
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  19. STKR

    STKR Well-Known Member Silver Stacker

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    Looking more like 2008. Minus the bull market:D
     
    STKR, Mar 16, 2020
    #219
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  20. SilverDJ

    SilverDJ Well-Known Member

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    I can't see any reason why it's not going to hit 10 bucks US like it did back in 2009. Tell me I'm wrong...

    upload_2020-3-16_21-21-40.png
     
    SilverDJ, Mar 16, 2020
    #220
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