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Gold's 'Ugly Sister' Gets a Second Look
MarketWatch ^ | May 15, 2010 | Myra Saefong

Posted on 05/16/2010 4:56:00 AM PDT by Diana in Wisconsin

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To: All; PA Engineer; blam; TigerLikesRooster; Cheap_Hessian; CJinVA; Jet Jaguar; OneLoyalAmerican; ...

Goldbug ping

Looks like we’re going to have to go through another fight to get above $19.

Mail me to get on or off the Free Republic Goldbug Ping List.


21 posted on 05/18/2010 5:43:09 AM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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To: C19fan

Google “gold silver ratio” for that kind of graph and a lot of commentary on what people think the ration “should” be.


22 posted on 05/18/2010 5:44:03 AM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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To: jiggyboy

oops sorry about the double ping folks


23 posted on 05/18/2010 5:44:57 AM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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To: jiggyboy
Looks like we’re going to have to go through another fight to get above $19.

Gosh, I hope so. I'd love to see SLV fall down to its 50-DMA at $17.50 or even its 200-DMA at $16.70. I'd like another chance to buy before it clears $19.

JMHO.

24 posted on 05/18/2010 5:54:11 AM PDT by Christian_Capitalist (Taxation over 10% is Tyranny -- 1 Samuel 8:17)
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To: jiggyboy

Thanks for the heads up. Looks like there is no long run “natural ratio” since 1970. Considering back in the mid-late 19th century the ratio was I believe 16-to-1 silver has lost a lot of purchasing power relative to gold in the 20th century.


25 posted on 05/18/2010 11:02:23 AM PDT by C19fan
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