$25.00 Silver Here We Come. Got Silver?

[Guest]

Must-read - by James Turk at GoldMoney.

http://goldmoney.com/en/commentary-print.html



In summary, it looks like the short-term trend in the gold/silver ratio will soon be in harmony with its long-term trend, with both trends falling. This event combined with the strength silver is displaying against various currencies could mean that a powerful rally in silver is just around the corner.

The ratio looks ready to fall below its 40-week moving average and resume its major downtrend. This event would bode well for silver, which is an outcome consistent with the following chart.

[Slimprofits]

Re: $25.00 Silver Here We Come. Got Silver?

In summary, it looks like the short-term trend in the gold/silver ratio will soon be in harmony with its long-term trend, with both trends falling.

Mike, please clarify what you think this means. The ratio will be in harmony and than both will fall against the dollar soon after?

[metalman]

Re: $25.00 Silver Here We Come. Got Silver?

Mike, please clarify what you think this means. The ratio will be in harmony and than both will fall against the dollar soon after?

hadn't checked my platinum for a few weeks and almost had a heart attack. you realize it's 60 bucks away from $2k a ouce? excuse my ******* french but holy shit! wish i'd bough just plat instead of gold in 2001.

[Guest]

Re: $25.00 Silver Here We Come. Got Silver?

Babbittd -

I recommend reading the article - it's short and straightforward. The gold-silver ratio is what may resume it's downtrend, as a shorter term resumption in a longer term existing downtrend - i.e. the trend resumes with *momentum*. The Dollar is not mentioned here.

Lukester [ Mike is that English chap over in Liverpool, that rattles on about FAST CARS, and DOOM, and Peter S. the Brokerage Maven ]

[Mega]

Re: $25.00 Silver Here We Come. Got Silver?

.................and was promised a total collaspe in the banking system "Mad Max World, last of the v8's!" Etc.

But everything is now coming uo roses!
Mega

[Slimprofits]

Re: $25.00 Silver Here We Come. Got Silver?

Babbittd -

I recommend reading the article - it's short and straightforward. The gold-silver ratio is what may resume it's downtrend, as a shorter term resumption in a longer term existing downtrend - i.e. the trend resumes with *momentum*. The Dollar is not mentioned here.

Lukester [ Mike is that English chap over in Liverpool, that rattles on about FAST CARS, and DOOM, and Peter S. the Brokerage Maven ]

yeah I had to re-read it, the ol' noggin wasn't working too well yesterday.

[JoeSixpack]

Re: $25.00 Silver Here We Come. Got Silver?

In a correction, you could see the opposite.

Not saying its happening.

I just respect the daily charts in Gold and Silver which could produce a classic short term top and a fast move down. Doesnt matter to a long term investor.

These charts you showed are weekly, thats a long time to fill there.
On this daily GLD/SLV ratio chart it looks more like a bottom to me:

http://stockcharts.com/h-sc/ui?s=GLD...d=p76573153853


Just to add to the discussion.

cheers

[BiscayneSunrise]

Re: $25.00 Silver Here We Come. Got Silver?

hadn't checked my platinum for a few weeks and almost had a heart attack. you realize it's 60 bucks away from $2k a ouce? excuse my ******* french but holy shit! wish i'd bough just plat instead of gold in 2001.

The platinum bull remains unabated. Going pretty much unnoticed is the big move in palladium, a platinum substitute. About 60% year over year increase.