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...
Disclaimer: The content on this blog is for informational purposes only. I do not offer any warranty concerning the accuracy or correctness of any information provided. I assume no responsibility and have no liability for any action you take as a result of reading any of the content provided. I am NOT a professional investor or financial adviser. Please perform your own due diligence before making any financial or investment decisions.
Saturday, 25 February 2012
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- Gold to Silver Ratio - Part 1
- Precious Metals Weekly Analysis - Week 8 - 24 Feb ...
- Alert: 23 Feb Silver Breakout Update
- Capitalism is Magic: A Friend In Deed
- Precious Metals Weekly Analysis - Week 7 - 17 Feb ...
- $80/oz Silver: Does the Royal Canadian Mint Know S...
- How to Buy Physical Precious Metals Part 2: Nation...
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