The GOLD - SILVER ratio tips off the coming EXPLOSION in SILVER. Has it begun? We look and comment on three intriguing charts.

in #gold6 years ago (edited)

Welcome Steemian friends this Sunday afternoon from Tampa Bay.

Gold_Silver_ratio.jpg

The gold-silver ratio is currently about 80. It was very recently as high as 84. I first purchased (physical, not paper) silver when the ration was about 50. That was in 2002.

usd_chf.jpg

Looking at the chart of the ration, we are at an extreme that has been equaled three times previously. It is no certainty we have have silver explosion. To me will will have a gold and silver surge. That is a certainty to this writer. Due to the chart we see here, silver will outperform gold. Silver has for some time now been grossly undervalued and it is in big demand. "THEY" will not be able to suppress it much longer. We have right now the strongest Commitment of Traders reports on over twenty years. Big money is "IN".

The dollar and gold parted ways in August 1971, under Pres. Nixon. (See the chart). We hear talk of the strong dollar. It's all relative. It's been stable the past few years.

gold_1790 (1).jpg

Please see the third chart, gold 1790 to present. Talk about seeing the forest from the trees! The charts are compliments of GOLDSWITZERLAND and Egon von Greyerz. He is indeed a world renown authority on gold and these markets. He might be termed a 'permabull' but I tend to agree with him and maybe that makes me one!

No one will ever repay the 250 TRILLION dollar world debt. You hear about Italy and bankruptcy? You will shortly be hearing the same regarding the US of A.

Take a look at the 70's when Nixon freed the dollar from gold. We have a situation right now very, very similar. We may have some short term further solidity in the dollar. Assuredly it resumes its downtrend.

The EU is a disaster. The USA is an accident happening (not waiting to happen). The last 12 months our debt is up by 1.6 TRILLION!! Insanity.

Do the charts above speak loudly to you? They do me. We are in the last great opportunity we are likely to see to buy the metals at these discounted prices......especially SILVER.

*look at www.321gold today and look at the GOLDswitzerland report.

Thank you for your support. Of course the above opinions are mine.

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While I am hedged accordingly, these charts are scary to consider for many others. Its unfortunate how many are avoiding the signs...

right...and that is always the case, I'm afraid...and thanks again..

I am thinking about getting another order in soon. Haha! Thanks @yankee-statman

Wise words. I have just bought a little more silver...

thanks my friend..smart move again!

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