My fellow Steemians,
Below you have a chart of the gold/silver ratio for the last 24 years.
E.B Tucker from Casey research: “This ratio is a key indicator, noting it has only reached these levels four times in the last 20 years. It is the number one indicator that we watch when we are looking at putting money to work in the space – the last time it happened, the HUI went on a tremendous run 150-200% – this indicator has been full proof the last 20 years.”
You can see the interview with E.B.Tucker and Daniela Cambone here:
Thank you for reading!
I prefer to watch the interviews where Daniela is in a dress, really tough trying to concentrate on what the CEO or investor is actually saying about gold...........Blah, blah blah
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Beautiful chart! Let’s see just a couple more months of the sale please 😜✨🤣
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I think we got our opportunity on Friday as gold went up and silver was flat, looking at a 81.6 ratio until Sunday night. I'm with you @thedamus, silver cost averaging bi-weekly, when the opportunity presents itself, not looking forward to an big up move as I'm still stacking. Never feels like enough.
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Good times to be a silver stacker. Gold prices typically also rise as the gold/silver ratio declines, meaning the profits for a silver investor are even more dramatic than this chart would suggest.
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On a more serious note, when I saw gold shoot up a percent while silve was flat, I immediately thought about the ratio rising way over 80. Time to get another few rounds.........and what do did J.B Tucker just say, Daniela
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Berita yang berguna untuk saya kawan, terimakasih sudah berbagi
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