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S W
Membre depuis mai 2012
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Is gold stretched? - Bron Suchecki - Perth Mint

Gotta luv ratios!
When gold hits $700 silver will be about $9.50 R = 73.7 ( my guesswork)
Today its 77.75
I am thinking its all a bit meaningless.
Gold should be the denominator as it is the only constant (money)

Commenté il y a 3017 jours

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Début de l'article :Last week I wrote about the gold silver ratio as a way of determining which represents better value. Since then the ratio has moved higher, with gold outperforming silver on its move above $1,100. This has brought with it a number of bullish articles and while the move is encouraging and supports the idea that gold may have bottomed, in relative terms gold looks stretched to me at this time if we take a step back and look at the bigger picture. First, consider gold relative to the other precious... Lire la suite

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