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29/03/20
14:35
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Originally posted by sasa:
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According to some (e.g. Mike Maloney) the Ag/Au ratio (anywhere over 110, having peaked at about 120) is the highest ever - and I mean ever ever (like ever in 5000yrs of recorded history ever)! So, although I didn't really think much of your biology analogy, the point is taken that the slingshot effect of the "inevitable" (if history and common sense are anything to go by) catch-up by silver will be astounding. 2 points: Firstly the normalisation *could* happen by a collapse in the gold price (is that likely? No, I don't think so given the economic madness we are witnessing) Secondly, when these wild corrections occur they tend to over-shoot (like a pendulum - a better analogy?) so if the ratio is now >110 and the "norm" is, say, 40-50 (should be about 15 as many would agree), then the ratio may shoot back to something anywhere between 10 and 30 before swinging back up again Do your own calcs on what that means for the Silver price or for stocks like SVL sasa
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Yes Sasa, well acquainted with the pendulum, effect, slingshotting around planets and other such things. Have been caught in a trap or two. I was talking in a sense of the metaphoricalc value of the animal kingdom as applied to human behavior. Lets take the Bull and the Bear for example. These creatures don't even co-exist in similar environments. They are not assertively aggressive as they are both mostly herbivorous. They are fierce in defence, but that relates mostly to the protection of their young, recently secured food sources, and territorial matters. Certainly the pendulum over swings its equilibrium....Thats is the essential fuel for traders. I apologise for any sense of patronisation in this transmission. I was simply offering an alternate reality. Silver seems more prone to market scares and also to market exuberance. Silver moves quickly like a duck, but has its eyes in the middle of its head so it can look both forward and back.
Originally posted by sasa:
↑
According to some (e.g. Mike Maloney) the Ag/Au ratio (anywhere over 110, having peaked at about 120) is the highest ever - and I mean ever ever (like ever in 5000yrs of recorded history ever)! So, although I didn't really think much of your biology analogy, the point is taken that the slingshot effect of the "inevitable" (if history and common sense are anything to go by) catch-up by silver will be astounding. 2 points: Firstly the normalisation *could* happen by a collapse in the gold price (is that likely? No, I don't think so given the economic madness we are witnessing) Secondly, when these wild corrections occur they tend to over-shoot (like a pendulum - a better analogy?) so if the ratio is now >110 and the "norm" is, say, 40-50 (should be about 15 as many would agree), then the ratio may shoot back to something anywhere between 10 and 30 before swinging back up again Do your own calcs on what that means for the Silver price or for stocks like SVL sasa
Expand
Originally posted by sasa:
↑
According to some (e.g. Mike Maloney) the Ag/Au ratio (anywhere over 110, having peaked at about 120) is the highest ever - and I mean ever ever (like ever in 5000yrs of recorded history ever)! So, although I didn't really think much of your biology analogy, the point is taken that the slingshot effect of the "inevitable" (if history and common sense are anything to go by) catch-up by silver will be astounding. 2 points: Firstly the normalisation *could* happen by a collapse in the gold price (is that likely? No, I don't think so given the economic madness we are witnessing) Secondly, when these wild corrections occur they tend to over-shoot (like a pendulum - a better analogy?) so if the ratio is now >110 and the "norm" is, say, 40-50 (should be about 15 as many would agree), then the ratio may shoot back to something anywhere between 10 and 30 before swinging back up again Do your own calcs on what that means for the Silver price or for stocks like SVL sasa
Expand
Originally posted by sasa:
↑
According to some (e.g. Mike Maloney) the Ag/Au ratio (anywhere over 110, having peaked at about 120) is the highest ever - and I mean ever ever (like ever in 5000yrs of recorded history ever)! So, although I didn't really think much of your biology analogy, the point is taken that the slingshot effect of the "inevitable" (if history and common sense are anything to go by) catch-up by silver will be astounding. 2 points: Firstly the normalisation *could* happen by a collapse in the gold price (is that likely? No, I don't think so given the economic madness we are witnessing) Secondly, when these wild corrections occur they tend to over-shoot (like a pendulum - a better analogy?) so if the ratio is now >110 and the "norm" is, say, 40-50 (should be about 15 as many would agree), then the ratio may shoot back to something anywhere between 10 and 30 before swinging back up again Do your own calcs on what that means for the Silver price or for stocks like SVL sasa
Expand