Big moves this week... let's just go right into the charts
Gold
Silver
Gold to Silver Ratio
Now the opposite could happen too. If there's a reversal in the GSR ratio and a crash in silver prices, we could see a GSR of 40, 50, 60, or 70 in that time frame. I'm going to say, gut feeling, that a GSR of 50 is as likely as a GSR of 30 in that same time frame, so for the times I mentioned, it's just as likely silver could be $33 or lower as it could be $55 or higher.
Platinum
Conclusion
I'm recovering from a cold, so I don't have much else to say. Exciting time to be in the metals, I think. Now that we're seeing rallies though, I wish there would be a huge crash. Once the 2011 RRSP limit is over, I WILL cash out more RRSP's in the hopes I can get more cheap silver...
On another note, I'm seriously thinking about moving the blog to wordpress. I don't trust google, and with the Gestapo internet surveillance bill Vic Toews is pushing for, it's starting to feel even less safe to post anything on the Internet. Damn neo-cons...
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