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/biz/ - Business & Finance

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18654439 No.18654439 [Reply] [Original]

The gold/silver ratio is at a 5000 year high I hope you stupid retards are buying physical silver hand over fist.

>> No.18654464
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18654464

>> No.18654492

metalcucks are dumb, but silvercucks are the dumbest of all

>> No.18654534

what a fucking pointless metric
whats the lima bean futures/palladium ratio

fuck off
sage

>> No.18654816

>>18654439
Is there any reason we should care about this metric?

>> No.18654883

>>18654816
Because the ratio of silver to gold that has been extracted from the earth to date is somewhere around 15-1. If you buy silver when the ratio is upward of 100, the idea is that any contraction of that ratio (no matter what the fiat values may be) allows you to trade your silver for gold at a profit. And since the current ratio only exists because of futures gambling that would be illegal in a healthy economy, its essentially betting an economic reset.

>> No.18654909
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18654909

>>18654534
>>18654816
this.
Op yous should measure it in usd which isn't defined by anything and was previously redefined twice in 40 years

>> No.18654931

>>18654439
Will silver go up or will gold come down?

>> No.18654938

>>18654439
What makes you think silver will go up if gold could go down

>> No.18654958

>>18654816

It means silver is already at a huge historical bargain, even before the market runs out of physical gold and money dumps into silver

>> No.18654963
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18654963

>>18654883
youre talking to pic relateds

>> No.18654973

>>18654439
the premiums are too much

>> No.18654992

>>18654938
There's a severe shortage of new gold finds despite increase in price and big boys like Barrick and Newmont are producing at under $1000/oz (even less now that oil is almost free)

Even if fiat had zero inflation, gold would be poised to do well for the foreseeable future.

>> No.18654994

>>18654958
It will never, anon, you know they have a gold reserve to spill in the market whenever they feel like?

>> No.18655753

>>18654883
Yeah this is such a retarded concept.
It depends on the premise:
All the gold in the world = all the silver in the world = all the copper in the world = all the aluminum in the world = all the iridium in the world.

It's like buying litecoin because there are only 4 times as many litecoins as bitcoins but btc is almost 200 times as expensive.

I'm so ashamed to have once even contemplated to believe this argument.

>> No.18655835

>>18655753
You do realize LTC went x70 against BTCs x17 not but 3 years ago right?

>> No.18655885

>>18654994
FUD>>18655753
FUD

>> No.18655890

>>18654994
>Oy very. there's plenty of physicals please don't cash in your futures

>> No.18656235

>>18655835
Yes.
And i bought once it was clear we were in a bull market.
We're close for precious metals but we're not entirely there yet.
Silver could bottom out for another couple of years.
Gold is likely to see some resistance at 1800 dollars and see a pull back.
Silver is not going to outperform gold untill we break higher.
I could see gold retreat to 1500 and silver back to 12 in the process. This time with smaller premiums.

>> No.18656439

>>18654883
mining ratio is at 1:9 since almost a decade, this is even more bullish for silver
$1000 eoy