Gold : Silver ratio at 100%

[Shaddam IV]

The only other time I have seen this was that spike in 2020 but the 30 year chart shows a steady upward trend towards the place we now find ourselves.

It was only 2012 that it dipped to as low as 30:1. Gold is in a steady climb and is pulling silver along with it but silver seems to have become less erratic and speculative of late compared to the last 15 years.

 

[JohnnyBravo300]

Silver has been the buy for years imo.

 

[mmm....shiney!]

Silver has been the buy for years imo.

But not a sell.

 

[JohnnyBravo300]

Its just for buying.

 

[mmm....shiney!]

Silvers not for selling. Silvers for buyin.

Aaah. Like camels?

 

[neonuke]

i'm not surprised silver is not keeping up.

global uncertainty - up
wars and threats of war - up
global economies - sluggish

and going forward for at least the medium term outlook, more of the same.

GSR is high, and potentially going higher still. GSR won't reverse this continued up trend until the current funk in most, if not all, economies has passed.

 

[JohnnyBravo300]

The media is still pumping underperforming stocks while the gold train has already left the station haha.
They are always behind the curve.

The majority of the American public is ignorant of precious metals so it's still a great time to position.

 

[Golden ChipMunk]

waiting for it to go to 150% - 200% , then silver would be very cheap.

or what we say 10% what gold is today

 

[JohnnyBravo300]

Trump is adding 5 trillion to the debt and higher deficits than Brandon despite DOGE.
Nothing has changed. New boss same as the old boss.

 

[thatguy]

Just done a GSR swap... will do again at 130x if it gets there

 

[JohnnyBravo300]

Its crazy how the comex and other manipulations have affected the gsr so much to make the history books.
When the curtain gets pulled back it will be a wild ride.

 

[JohnnyBravo300]

Just done a GSR swap... will do again at 130x if it gets there

Are you swapping gold for silver at a coin shop?

 

[thatguy]

Are you swapping gold for silver at a coin shop?

Yep took in gold walked out with silver... its amazing to think a 1 ounce coin and a 100oz bar are at parity

 

[mmm....shiney!]

Goldman on the widening GSR:

 

[JohnnyBravo300]

Silver is definitely the buy still. Easy choice.

 

[mmm....shiney!]

Silver is definitely the buy still. Easy choice.

Since the high in January 1968 (yep, that's well over 50 years ago) silver's value has declined by 85% compared to gold. If it was a company you'd tear up the chart and throw it in the bin. The easy choice is to buy something else. Sure there'll be a correction and you can buy in anticipation if you think you can pick the bottom. But once that correction is over (and it's not going to get back to historical averages) it'll continue it's decline down to new lows.

 

[SKULL]

Yep took in gold walked out with silver... its amazing to think a 1 ounce coin and a 100oz bar are at parity

I did the same around this time. GSR was 105 on the day I went to a dealer in Melbourne & swapped 3 oz of Gold for 300 oz of Silver ( 300 X 1 oz Rounds ) & just a few $ because of the Premium.

When the GSR returns to it's long term mean of 42:1 ( mean revision really does happen, but u have to hold & wait it out ) I will take 150 oz ( 150 X 1 oz Rounds ) back to the dealer & swap to get my 3 oz of Gold Back.

It could happen in 1 year or maybe 2 -3 - 4 - 5 years but I have the time to hold & wait for it

 

[Jislizard]

...
When the GSR returns to it's long term mean of 42:1 ...

You think the price of gold is going to come down to $2500 or the price of silver is going up to $125. Something in between? or both rising but silver rising faster than gold?

Adjusted for inflation the Hunt Brothers drove the price up to the equivalent of about AU$250 or so, but there are no Hunt brothers around now.

When I started stacking everyone was kicking around the GSR 16:1 as being the 'true' historical GSR.

I have a lot less faith in there being any relationship between the two prices. I swapped out of all my SMSF gold between GSR 65, 70, 75 and 80. Glad I didn't do the same for my personal stack. I am waiting for the GSR to "correct" back to the 40s so I can start swapping back.

It could be a while

 

[SKULL]

You think the price of gold is going to come down to $2500 or the price of silver is going up to $125. Something in between? or both rising but silver rising faster than gold?

Adjusted for inflation the Hunt Brothers drove the price up to the equivalent of about AU$250 or so, but there are no Hunt brothers around now.

When I started stacking everyone was kicking around the GSR 16:1 as being the 'true' historical GSR.

I have a lot less faith in there being any relationship between the two prices. I swapped out of all my SMSF gold between GSR 65, 70, 75 and 80. Glad I didn't do the same for my personal stack. I am waiting for the GSR to "correct" back to the 40s so I can start swapping back.

It could be a while

Just my Opinion. I think both Gold/Silver will keep rising in price, but Silver will rise faster than Gold.

I have this view because Silvers Industrial/Military use is rising year on year, with no end in sight ATM. With a Structural Deficit for the last 6 YEARS, the warehouses of above ground Silver can't last indefinitely. Increasing the mining output is a very slow process & there are no current new mines or output increases that I'm aware of.

If GSR does get below 50:1 I will definitely swapping a good portion of Silver back to Gold.

The 1 Wild Card is a Gold revaluation by the USA. If they do an overnight/weekend revaluation of Gold too $5,000 PLUS, that will send the GSR wild.

 

[Jislizard]

I get that the US could revaluate the gold they have in storage which on paper they have at $45 an ounce or something like that. That could be revalued at the current spot price and it would just reflect the reality of the value of gold they already own. I don't know how they could revalue gold to US$5,000 without everyone dumping their gold for US Dollars. Not sure how it would happen, any links?