Willem Weytjens

An article on BespokeInvest about the Platinum-to-Gold ratio today drew my attention.
I therefore wanted to get to know more about this ratio.

Today I had a look at one of the charts I created a long long time ago (in late 2008). I was amazed by the accuracy of the lines I drew back then. I drew Fibonacci levels from the bottom in 1976 (100$)=0.00% and assumed the highest close of 1980 (834$) would be the 50% … Continue reading

Many gold bulls argue that gold remains very strong in various currencies such as the Euro.

Silver has formed a (temporary?) bottom, and looks now headed towards $40-$41. First resistance will be the 38.20% fibonacci retracement level as well as the 50 days Moving Average, which are located near $39. (see second chart below) Next resistance will be found around $41, which is the 50% Fibonacci retracement level and  a Fibonacci Fan … Continue reading