Gold/Silver Ratio

In the time of the ancient Babylonians – long before the periodic table – there were seven sacred metals: gold, silver, copper, iron, tin, lead and mercury

The little blue box shows that the bulls can take the GSR down to around 60, and in the process probably test the highs of the post crash recovery. The rest of the big picture in…..

The GSR maintains the post-consolidation bottom pattern by weekly chart. AROON trend has turned down (as has the daily) and MACD is waffling, but in positive territory. The support/resistance lines on the RSI should break this thing one way or the other. And if it’s up, the deflationists will be pretty happy for a while. … Continue reading

The weekly shows a well defined inverted H&S. The monthly shows a beautiful consolidation to bleed off the excess down to RSI support, while forming a symmetrical (continuation) triangle. You bullish on stocks? Source: http://biiwii.blogspot.com/2010/06/gsr-monthly.html

In my opinion, the GSR trumps sentiment (which is very bearish and in a contrarian way, potentially bullish). But the GSR is very scary right now and is not to be argued with…..

With all the tedious micromanagement of the gold-silver ratio (GSR) that has gone on here, all the ‘talking in riddles’ and vague concepts, what is the actual meaning behind things? Damned if I know… I am going to leave the great questions to be answered by the great minds. Is this the end of the … Continue reading

I say sorry because I realize it is out of style in the midst of manic impulsiveness to drag out the dour old fuddy duddy stuff yet again. But the GSR is not broken, therefore the deflationary impulse scenario is not broken. Prechter is not broken for that matter. Would-be bears must realize that these … Continue reading

As for nominal market charts, little is resolved by today’s expression of relief. Once again the bear case for the broad markets finds itself on a thin line. If silver breaks upward in ratio to gold (SLV-GLD shown here) then PM stocks should rebound strongly yes, but so too will the bull case likely remain … Continue reading

Weekly GSR maintains potential for bottom-making, although hope and greed have persisted and thus, GSR has remained painfully in a consolidation/bottoming structure…

“Silver is now more attractive than it has been in decades,” my colleague Porter Stansberry wrote to his subscribers. “Assuming gold hits my target of $2,000 an ounce and assuming the price of gold is 16 times the price of silver,” Porter continued, “then silver should be worth about $125 by the time the bull … Continue reading