Recevez notre Marketbriefing
S W
Member since May 2012
668 commentaries - 5 followers
5 followers
has posted a comment on the article :
>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)


Commented
3226 days ago
-
Send
Beginning of the headline :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... Read More
Reply to this comment
You must be logged in to comment an article8000 characters max.
Log in or Sign up
Top articles
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.