Gold/silver ratio

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

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  1. fishduck

    fishduck Well-Known Member Silver Stacker

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    Now that its has touched 100, is anyone here thinking of exchanging their gold for silver?
     
    fishduck, Mar 9, 2020
    #121
  2. slavaja

    slavaja Well-Known Member Silver Stacker

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    Nah I'll exchange if it's 110 -120
     
    slavaja, Mar 9, 2020
    #122
  3. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Ill take your gold for silver at that ratio. I better stock up in the mean time.
     
    66rounds, Mar 9, 2020
    #123
  4. Slimey

    Slimey Well-Known Member

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    Tokyo’s 114 to 1 ratio has got me intrigued. I will wait until then.
     
    Slimey, Mar 9, 2020
    #124
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  5. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Nope....not when there are cashed up buyers out there wanting 100kg+ of silver bullion. If Aurora et luna has a few buyers at this level, there has to be others.
     
    Oddjob, Mar 9, 2020
    #125
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  6. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    I actually have buyers for 200+ kgs, however they are looking to buy closer to $800 a kilo.
    Haven't a hope of picking up silver at $800 at present! :D
     
    Aurora et luna, Mar 9, 2020
    #126
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  7. slavaja

    slavaja Well-Known Member Silver Stacker

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    Might have to wait for spot to go down if they want at that price
     
    slavaja, Mar 9, 2020
    #127
  8. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    They seem to know something as they are not panic buying!
     
    Aurora et luna, Mar 9, 2020
    #128
  9. whay

    whay Well-Known Member

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    Nope!
    The higher the price the greater the gold jewellery demand.
    Silver is cheap because of poor demand.
    Gold is always popular and in demand.
     
    whay, Mar 9, 2020
    #129
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  10. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    What a load of bollocks.
    It is well known that gold is the first thing to be sold off to fund margin calls.
    Zerobrains spinning the story to suit their narrative... again.... and again...... and again.
    And JG eating it all up. :p    ​
     
    wrcmad, Mar 9, 2020
    #130
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  11. Slimey

    Slimey Well-Known Member

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    This is what has been missing in the latest drop in the markets. The margin calls selling stampede. I have been waiting patiently. Now this eventuality could push the ratio well over 100.
     
    Slimey, Mar 9, 2020
    #131
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  12. JulieW

    JulieW Well-Known Member Silver Stacker

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    Yes indeed. Currently strange times makes it extremely difficult to see through the fog.

    I'm putting my resources close by and throwing Tarot cards for guidance - since at least I know the bias comes from me alone! lol

    All signs are pointing toward a confluence of events and possibilities that do not bode well in any sphere of activity.

    Time to batten the hatches and head to safe harbour I'm afraid.
     
    JulieW, Mar 9, 2020
    #132
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  13. slavaja

    slavaja Well-Known Member Silver Stacker

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    Has anyone noticed recently that silver is following the price of Platinum and palladium?
     
    slavaja, Mar 10, 2020
    #133
  14. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Pm appears to be holding very well in spite of the 2000 point drop. Can we assume that the weak hands have all sold out?
     
    sgbuyer, Mar 10, 2020
    #134
  15. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Futures margin gamblers will still be liquidating their Precious Metals for quite a while & licking their wounds.
    Don't expect the P.M.'s to go up too much, too soon.
     
    JOHNLGALT, Mar 10, 2020
    #135
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  16. Slimey

    Slimey Well-Known Member

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    JOHNLGALT.....we have not seen the baby being thrown out with the bath water just yet. Do not forget that the Repo rate hit 10% last year. There is a zombie bank out there (Deutsche probably) that will not survive the start of this potential deflationary depression. Then we will see margin call hell.
     
    Slimey, Mar 10, 2020
    #136
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  17. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    With falling oil, falling gas, falling base metals, falling palladium, who will be the biggest loser?
     
    sgbuyer, Mar 10, 2020
    #137
  18. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Those who don't have any gold
     
    66rounds, Mar 11, 2020
    #138
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  19. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    This is true but gold doesn't last long. You need "productivity". Oil and gas will be redundant in 30 years, whether it runs out or gets replaced by fuel cell or battery or nuclear fusion, whichever comes first. What's next? Planting potatoes and wheat?
     
    sgbuyer, Mar 11, 2020
    #139
  20. heartastack

    heartastack Well-Known Member Silver Stacker

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    I happen to be in the potato space (snack foods etc) and it seems to be pretty inelastic. In fact, every factory getting built is at capacity within a year. Can’t grow enough of the damned things
     
    heartastack, Mar 11, 2020
    #140
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