GOLD/SILVER RATIO
One of the most important Technical Analysis Indicators around at the moment is the GOLD/SILVER RATIO..!!
Currently the GOLD/SILVER ratio is 68.54 and is FALLING..!!
That is each oz of GOLD costs 68.54 times more than SILVER.
Historically the GOLD/SILVER was set at 15:1 and the actually available GOLD/SILVER RATIO of the physical metal available on The Planet is 9:1..!!
Below are the Key Technical Stats for GOLD and SILVER this year.
Day 315 of 2016.
GOLD Price=$1,265⇗+19.30% YTD.
SILVER Price=$18.45⇗+33.70% YTD.
Bullish⇗⇗⇗⇗⇗⇗
Growth and Jobs Report
Bearish⇘⇘⇘⇘⇘⇘
DEBT remains growing at an unprecedented rate ⇗⇗⇗⇗⇗⇗
GOLD
In a new 6 Year Bull Market
Triggered on 18-Dec-15 at $1,046oz.
Current Price=$1,265oz ⇗+20.89%.
Growth=1.94%/mth.
Target at 31-Dec-16=$1,871oz.
SILVER
In a new 6 Year Bull Market
Triggered at 18-Dec-15 at $13.60oz.
Current Price=$18.45oz ⇗+35.66%.
Growth=3.31%/mth.
Target at 31-Dec-16=$27.08oz.
GOLD/SILVER RATIO
Gold/Silver Ratio 68.54.!!
Technical Analysis
dMAmapping ⇘⇘⇘⇘⇘⇘
GOLD Price=$1,265oz⇗
SILVER Price=$18.45oz⇗
Bullish⇗⇗⇗⇗⇗⇗
dMAmapping⇗⇗⇗⇗⇗⇗
Keep an eye on this critical GOLD/SILVER RATIO which is clearly showing signs of weakness and is expected to drop dramatically in the coming weeks/months.
Thanks for reading.
Stephen
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I've been adding Silver (over Gold) expecting Silver to outperform Gold in the coming months/year. Silver comes out of the ground in a roughly 10 to 1 ratio to Gold. Will it reach that maybe not but as Stephen indicates it's way undervalued versus the yellow metal.
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Over the long term SILVER will be used more in electronics and I expect the GOLD/SILVER RATIO to close rapidly as the Paper DERIVATIVES are forced to migrate on to the BLOCKCHAIN. Thanks for the support. Stephen.
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Speaking of ratios, here's one trick I picked up years ago from a veteran analyst in a podcast: When the price of Platinum is below the price of Gold, it's time to buy Gold. You're near the end of a bear market at that point, so buy and accumulate.
(Funny how she didn't recommend buying Platinum, but that's what I remember her saying.)
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Thanks for the support I appreciate it. Stephen
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Glad to help.
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thank you but for an amateur there is an information missing. is gold / silver going up down? whats the meaning of your analysis... always expect the readers here to be not involved into gold or silver.
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Thank you for your comment. Both GOLD and SILVER are in a rising BULL MARKET which were both triggered on 18 Dec 2015. The GOLD/SILVER Ratio is a very important Technical Analysis Indicator which confirms the BULL MARKET is firmly in place. Thanks. Stephen
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thank you for the explanation.
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You're welcome. Thanks I appreciate it. Following. Stephen
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The only thing that is important is how many oz of silver is really in above ground existence.
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Silver is getting SMASHED down today. The ratio has once again changed.
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Hmm. Very interesting. I have a few gold coins I was given way back in like 2006, but haven't done anything with them..
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