Silver still holding...

[jpetr48]

Re: Silver still holding...

I have to agree however did a little chart work and listening to EJ and looking at possible timing of QE 3, the next runaway in silver might not happen till spring 2012. Could get to 50 by December- Gold 2000. On starving steve comment, I thought the ratio decreases in the last leg of the bull market. Did Jim Sinclair not say once we hit 1750 we will start to enter the exponential phase. If that is the case the ratios will drop. I entered last September 2010 - think ratio was around 55.

My guesstimate is we will see ratio range from 30-50 in this next leg- from 50-70 in prior leg. Last leg ratio will be 15-30 Gold: Silver. Here is a chart that might be helpful. Does this look accurate? First time investing in PMs.
http://tinyurl.com/3jvvrld

[CanuckinTX]

Re: Silver still holding...

I have to agree however did a little chart work and listening to EJ and looking at possible timing of QE 3, the next runaway in silver might not happen till spring 2012. Could get to 50 by December- Gold 2000. On starving steve comment, I thought the ratio decreases in the last leg of the bull market. Did Jim Sinclair not say once we hit 1750 we will start to enter the exponential phase. If that is the case the ratios will drop. I entered last September 2010 - think ratio was around 55.

My guesstimate is we will see ratio range from 30-50 in this next leg- from 50-70 in prior leg. Last leg ratio will be 15-30 Gold: Silver. Here is a chart that might be helpful. Does this look accurate? First time investing in PMs.
http://tinyurl.com/3jvvrld

Great chart! Says I can choose the future price of gold. I'll take $10k please, and silver at, say, $500 so we aren't so greedy.

[jpetr48]

Re: Silver still holding...

Great chart! Says I can choose the future price of gold. I'll take $10k please, and silver at, say, $500 so we aren't so greedy.

No need to worry about being greedy- there will be enough for all of us- law of abundance- until we are all trying to sell at the same time.

One other data point is in John William's commentary - think his 1980 inflation adjusted gold price is 2200+ and silver is 120.
Ratio down to 20

[shiny!]

Re: Silver still holding...

I've given up trying to predict silver. Silver would have been doing much better had it not been hit with five margin hikes in a two week period. Things like that tend to make investors skittish. Don't know why, but silver gets absolutely hammered by TPTB every time it takes off. So far, gold hasn't gotten that treatment. I wonder how it will behave if it does.

Ten, twenty years down the road the long-term fundamentals of silver are awesome, but it is such a tiny market that these manipulations make it just too volatile to depend on for near-term wealth preservation.

[Adeptus]

Re: Silver still holding...

I've given up trying to predict silver. Silver would have been doing much better had it not been hit with five margin hikes in a two week period. Things like that tend to make investors skittish. Don't know why, but silver gets absolutely hammered by TPTB every time it takes off. So far, gold hasn't gotten that treatment. I wonder how it will behave if it does.

Ten, twenty years down the road the long-term fundamentals of silver are awesome, but it is such a tiny market that these manipulations make it just too volatile to depend on for near-term wealth preservation.

I have to agree with that, if it weren't for those pesky margin hikes silver would be at $100+ by now. And that's the trouble with Silver that EJ has alluded to. It's ripe for manipulation precisely because it is such a small market and because most central banks don't hoard it. The problem is, when they bring the price back down that just invites people to go buy it cheaper. At some point margin hikes will stop working and actually work against the exchanges - the cheaper they make silver, the faster it exits their wharehouses. Gold on the other hand, just look what happened today. The CME hiked gold margins by 22% and gold dropped 0.4%. Central Banksters should be scared of this. It worked to crash silver, but not gold.

[BlackVoid]

Re: Silver still holding...

Compare 2008 panic to today.

2008:
Gold declined from 1030 to 710
Silver declined from 22 to 9

2011:
Gold soars
Silver does nothing

When (if?) the panic selling stops, gold will consolidate and silver will play catch-up.

Deflation is impossible. Rules will be bent, laws will be broken to avoid that.
If deflationary collapse happens anyway, then you should have food and guns for the transition.

[karim0028]

Re: Silver still holding...

The silver performance is signaling a few messages:

a.) de-flationary blow-out ahead;
b.) depression ahead;
c.) gold is in the final blow-off stage of a bubble, now going exponentially upward;
d.) copper, wheat, oil, silver, among other commodities are all signaling the same de-flation message;
e.) real estate is signaling de-flation;
f.) debt-repayment is causing de-flation;
g.) silver is in non-confirmation of the gold rally;
h.) silver at $50 might mean $2500 gold ( using 50:1 ) to signal an inflationary depression ahead;
i.) a de-flationary blow-out might mean 70:1, thus $15 silver might mean $1050 gold;
j.) an uncertain market pointing toward de-flation means what we have now: $39 silver and $1800 gold ( 46:1 )
k.) stock market panic worldwide is pointing toward a de-flationary blow-out and depression ahead.

So, why dont you sell your gold? ;-) Gold has got a long way to go... No bull market ends with just 5x increase... Usually 20-25x increase in price.. Long way to go...

[GRG55]

Re: Silver still holding...

The silver performance is signaling a few messages:

a.) de-flationary blow-out ahead;
b.) depression ahead;
c.) gold is in the final blow-off stage of a bubble, now going exponentially upward;
d.) copper, wheat, oil, silver, among other commodities are all signaling the same de-flation message;
e.) real estate is signaling de-flation;
f.) debt-repayment is causing de-flation;
g.) silver is in non-confirmation of the gold rally;
h.) silver at $50 might mean $2500 gold ( using 50:1 ) to signal an inflationary depression ahead;
i.) a de-flationary blow-out might mean 70:1, thus $15 silver might mean $1050 gold;
j.) an uncertain market pointing toward de-flation means what we have now: $39 silver and $1800 gold ( 46:1 )
k.) stock market panic worldwide is pointing toward a de-flationary blow-out and depression ahead.

OMG!!!!!! This morning gold is down $15 and must be signalling a deflationary blow-out ahead. Oil is down 60 cents, must be signalling the same, eh? But copper is up 11 cents to $3.99????? And the DOW is up 100 points on the open. I am soooooo confused. ;-)

[lektrode]

Re: Silver still holding...

OMG!!!!!! This morning gold is down $15 and must be signalling a deflationary blow-out ahead. Oil is down 60 cents, must be signalling the same, eh? But copper is up 11 cents to $3.99????? And the DOW is up 100 points on the open. I am soooooo confused. ;-)

only because the flying monkees havent launched yet....
but boy when they take off, anything could happen.

[Master Shake]

Re: Silver still holding...

a.) a monkey might fly out my ass at any time
b.) rabbits survive for years inside nuclear plants
c.) deflation is inflation is monkeys & rabbits all at the same time
d.) rabbits will rally to $230394830948 & moneys will crash
e.) i eat plutonium for breakfast
f.) sprinkle it on my Wheaties
g.) deflation makes prices go up
h.) i don't own any gold
i.) a voice speaks from me in my silver in my fillings... tells me when to poop
j.) $39 silver says deflation crash
k.) deflation ahead as world goes back on gold standard and moneys fly out of my ass by the 100s

Absolutely LMFAO! Well played.

[doom&gloom]

Re: Silver still holding...

The silver performance is signaling a few messages:

a.) de-flationary blow-out ahead;
b.) depression ahead;
c.) gold is in the final blow-off stage of a bubble, now going exponentially upward;
d.) copper, wheat, oil, silver, among other commodities are all signaling the same de-flation message;
e.) real estate is signaling de-flation;
f.) debt-repayment is causing de-flation;
g.) silver is in non-confirmation of the gold rally;
h.) silver at $50 might mean $2500 gold ( using 50:1 ) to signal an inflationary depression ahead;
i.) a de-flationary blow-out might mean 70:1, thus $15 silver might mean $1050 gold;
j.) an uncertain market pointing toward de-flation means what we have now: $39 silver and $1800 gold ( 46:1 )
k.) stock market panic worldwide is pointing toward a de-flationary blow-out and depression ahead.

don't worry, they'll print the money...

[Basil]

Re: Silver still holding...

OMG!!!!!! This morning gold is down $15 and must be signalling a deflationary blow-out ahead. Oil is down 60 cents, must be signalling the same, eh? But copper is up 11 cents to $3.99????? And the DOW is up 100 points on the open. I am soooooo confused. ;-)

You forgot to mention that porn stars have been taking pay cuts. Always an excellent economic indicator.