Gold/silver ratio

Now that its has touched 100, is anyone here thinking of exchanging their gold for silver?
 
fishduck said:
Now that its has touched 100, is anyone here thinking of exchanging their gold for silver?
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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.
 
sgbuyer said:
To hit a 200:1 GSR, let's say silver drops to $13, then gold must rise to $2600. Or maybe silver remains at $17 while gold rises to $3400. I don't know how much people will be buying those 1 oz queen's beast if they cost $3600 a piece. $3400 gold will totally kill off demand for gold jewellery and gold coins.
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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.
 
JOHNLGALT said:
Fear not the sell off in the Precious Metals. It is all explained in this Zero Hedge article which covers how people playing in the PAPER & DIGITAL CASINOS are having to sell 'REAL MONEY' to get liquidity to pay for their stupidity for using PAPER & DIGITAL PROMISES of wealth. Stackers should HODL (Hold On for Dear Life).

https://www.zerohedge.com/markets/p...-locked-limit-down-treasuries-soar-limit-amid
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And so, with traders unable to either sell equity futures or buy Treasurys, they still can rush into the VIX......
The night's big irony is that unable to sell anything else, funds - facing historic margin calls on Monday - are selling what they can... such as gold.....
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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​
 
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.
 
wrcmad said:
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​
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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.
 
Has anyone noticed recently that silver is following the price of Platinum and palladium?
 
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 said:
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?
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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.....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.
 
With falling oil, falling gas, falling base metals, falling palladium, who will be the biggest loser?
 
66rounds said:
Those who don't have any gold
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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 said:
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?
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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
 
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